In a spirit of growth and diverisification, ARC Real Estate announces that on December 17th 2019 the deal with Cassa di Risparmio di Savigliano regarding the acquisition of a NPL portfolio (GBV around €6 million) has been finalized.
thanks to the transfer to Milan, principal market for NPLs and UTPs, ARC Real Estate manages to seize the opportunities offered by the industry, making a big step forward in terms of strategic development. New specialized figures will guide this business unit, dedicated to receivable management and collection: Alessandro Grillo (CFO), Massimo Orto (Acquisition Analyst) and Roberta Maira (Loan Manager). This operation represtents an important investment for the company, whose consolidated knowledge will combine with new processes and new applications. As a matter of fact, this new project will require interdepartmental collaboration in every activity, collaboration which has always been a strength of the company. ARC set a challenging objective, which includes all the growth expections the company based its mission on.
“We are very satisfied of the closing of this deal," said the CEO Massimiliano de Castro, "It will definitely qualofy us as a global and independent player for small banks and financial institutions by having an end-to-end offer. This operation will convey ARC's potential as originator in the portfolio selection phase and as advisor in the valuation one. Our team will manage the servicing activities, allowing the legal and real estate resources to work synchronously to the colletion process.
Thanks for your constant support
The team of ARC Real Estate
