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Situs has entered into a definitive agreement to acquire MountainView Financial Solutions, a leading service provider to the financial services industry. The transaction, which is subject to customary closing conditions, is expected to be completed on or before January 31st. Headquartered in Denver, CO, MountainView is an industry-leading valuation and risk analytics business for the financial services sector.
Situs to provide Loan Servicing for Project Stack, a portfolio of €220 million ($260 million) of CRE Loans, secured by real estate in the Netherlands; opens office in Amsterdam.
Situs today announced the completion of its acquisition of The Collingwood Group (“Collingwood”), a Washington, DC based advisory firm led by the former head of FHA, and partners who have held senior leadership positions in HUD, Fannie Mae, Freddie Mac, and FHFA, focused on housing policy and regulation.