Managing Risk in the Marketplace: Advice from the Big Four Appraisal Firms

The economy may be booming, but these are still turbulent times with a shifting environment propelled by tax cuts, tariffs levied against Canada and China, and the possibility of a trade war. For guidance, ABF Journal editor Nadine Bonner turns to executives from the nation’s top four appraisal firms. In addition to a perspective on how technology and globalization have changed businesses practices, they offer sound advice to help ABL lenders steer a steady course and avoid crashing on the rocks.

Carmosino Joins Gordon Bros. as President of Valuations

Chris Carmosino joined Gordon Brothers as president of Valuations. He succeeded Rick Schmitt, who is retiring.

Citizens Commercial Arranges $24.5MM Facility for Nixon

Citizens Commercial is the sole lead arranger in providing a $24.5 million credit facility to Nixon, a designer, marketer and distributor of watches, clothing and accessories.

Citizens Provides $20MM David Webb Facility

Citizens Commercial Banking provided a $20 million revolving credit facility to luxury jewelry firm David Webb. Citizens served as the sole lender and administrative agent.