Search
 

Whitehall Subsidiary Posts $26 Mil in March Loans

MIAMI, FL-Alternative Lending Group originated about $26 million in mortgages during March, the company's highest monthly loan origination volume to date.

By David R. Corder | Updated on April 20, 2001

MIAMI, FL-Whitehall Enterprises Inc. attributed a continuing decline in interest rates for a record number of mortgages originated through its wholly owned subsidiary, Alternative Lending Group.

The diversified Miami-based holding company announced Friday Alternative originated about $26 million loans in March–the highest monthly loan origination volume to date.

Based on that performance, the publicly traded parent company expects the subsidiary operation to exceed original internal forecasts for the second quarter ended Dec. 31. Company financials should be available no later than mid-May.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.