Credit Lyonnais Names Thomas A. Berkenkamp a Director of Its Real Estate Finance Group.Business Editors NEW YORK--(BUSINESS WIRE)--June 7, 2000 Credit Lyonnais Americas announced today that it has named Thomas A. Berkenkamp a Director in its Real Estate Finance Group. In his new capacity, he will be responsible for syndicating large loan transactions, acquiring loans and portfolios originated by others and assisting on origination effort nationwide, but a particularly emphasis on the Midwest. Mr. Berkenkamp, with 18 years experience in real estate, had previously been executive vice president of Emmes Capital LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "Tom's joining us provides an important added dimension to our already significant distribution capabilities," said James Fitzgerald James Edward FitzGerald (1818 - 1896) was a New Zealand politician. According to some historians, he should be considered the country's first Prime Minister, although a more conventional view is that neither he nor his successor (Thomas Forsaith) should properly be given that title. , Senior Vice President and head of the Real Estate Finance Group. "His experience, background and many contacts will help tangibly to widen Credit Lyonnais position as an even greater provider of real estate capital in the U.S. We are delighted to have him aboard." Credit Lyonnais has provided in excess of $12 billion of financing on assets over the last seven years in the U.S. and currently has a portfolio of approximately $3 billion in assets. The group focuses on providing bridge, mini-permanent and construction loans of $20 million to over $300 million on institutional quality real estate nationwide. Favored property types include office, retail and multifamily residential. The group also provides credit enhancements Credit Enhancement A method whereby a company attempts to improve its debt or credit worthiness. Notes: Credit enhancements take many different forms. An example of a credit enhancement would be conversion rights added on to a debt instrument in order to lower the issuing and lines of credit. Prior to joining Emmes in 1997, Mr. Berkenkamp was Senior Vice President and National Head of ORIX USA's Real Estate Finance Group. He also was previously employed by Eastdil Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Inc. and Continental Illinois National Bank Illinois National Bank is a defunct name of one of the largest banks in Rockford, Illinois. Prior to the 1980s, branch banking in Illinois was prohibited. In 1985, AMCORE, the holding company of American National Bank acquired Illinois National Bank forming Amcore Bank. in Chicago. His experience includes real estate finance, acquisitions, dispositions, workouts and asset management. Mr. Berkenkamp will be based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Credit Lyonnais is a full-service worldwide financial institution. Credit Lyonnais Americas encompasses all the banks' activities in the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. . |
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