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Home » Store » News » Failed LoanCity Deal Doesn’t Alter Strategy at AmREIT

Failed LoanCity Deal Doesn’t Alter Strategy at AmREIT

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A failed acquisition hasn’t quelled the optimism of officials at American Residential Investment Trust. In fact, the company says it has all of the parts it needs to execute a winning originations strategy. "We just couldn’t reach mutually agreeable terms," said Judith Berry, AmREIT’s chief financial officer of the announcement that the company had broken off negotiations with online lender LoanCity.com.
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