Wells Fargo Forms Homebuilder Banking Team
[Thursday, August 16, 2012] Wells Fargo & Company has announced that it has formed a Homebuilder Banking team to serve the needs of its residential developer clients on the East Coast, Texas, and Midwest. The team is comprised of 14 bankers located across the country and will report to Bird Anderson. The team will also serve as a centralized resource on the industry for Wells Fargo’s entire Commercial Real Estate business. Wells Fargo’s existing homebuilder relationships in the West will continue to be served by their local coverage teams.
The Homebuilder Banking team will provide a comprehensive suite of financial solutions including project and corporate financing facilities, and a referral network to treasury management, insurance, mortgage and capital markets products. In addition to serving the financial needs of its existing customers, the new team will seek to identify and build relationships with additional high quality homebuilders throughout its coverage area, according to a press release.
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