Finance Midwest
Expect plenty of financing requests for office renovation projects in 2019.

Associated Bank's Warsek: CRE strong, but evolving, in 2019

Commercial lenders can tell when the commercial real estate market is hot and when it’s heading for a slowdown. And 2019? Greg Warsek, senior vice president and senior regional manager in the Chicago office of Associated Bank, told Midwest Real Estate News that this year should be another strong one when it comes to financing requests and commercial sales and development activity.

Finance N Illinois
Michael Utterback;SomerCor

SomerCor welcomes new VP, celebrates four key promotions

Chicago-based SomerCor, a Small Business Administration (SBA) Certified Development Company (CDC), has hired Michael Utterback as vice president, loan origination. In addition, the firm promoted Savannah Allen to economic development coordinator, Debra Morack to senior vice president and managing director of closing, David Sommers to executive vice president and chief credit officer and Anastasia Williams to vice president, 7(a) community advantage loan program.