Customers Bank Names Karaman, Topple SVPs

Customers Bank appointed Oleg Karaman and Daniel Topple to a new banking group in its Private and Commercial Banking Division’s New York Metro Market.

KeyBank Downsizes Gladstone Facility to $165MM

Gladstone Investment reduced its credit facility from $185 million to $165 million. KeyBank served as administrative agent for a group of lenders including Alostar Bank of Commerce, M & T Trust, East West Bank, Chemical Bank and Customers Bank.

AloStar Agents $52.5MM Revolver for Fora Financial

Fora Financial closed a $52.5 million senior revolving credit facility with a bank group led by AloStar Capital Financing serving as sole lead arranger and administrative agent.

Customers Launches Commercial Finance Business

Richard Ehst, president and COO of Customers Bank, formed a Commercial Finance Group based in New England.

Customers Bank to Buy Flagstar’s Northeast Loan Portfolio

Flagstar Bancorp said Customers Bank will acquire Flagstar’s remaining Northeast-based commercial loan portfolio.