Valley National Bank Agents $71.5MM Loan for Trulieve Cannabis

Trulieve Cannabis closed a commercial loan secured by a cultivation and manufacturing site in Florida for aggregate gross proceeds of $71.5 million. Three lenders provided the loan, with Valley National Bank serving as lead agent.

December 22, 2022 John Meyer | Kim Rivers | Trulieve Cannabis | Valley National Bank Phil Neuffer

ING Capital Leads Expansion of BB Energy’s Credit Facility to $580MM

BB Energy, a global independent energy trading company, refinanced and expanded a $580 million senior secured borrowing base credit facility.

November 14, 2022 Banco Latinoamericano de Comercio Exterior | BB Energy | Citibank | Credit Agricole Corporate and Investment Bank | GarantiBank International | HSBC Bank | ING Capital | Jacques Erni | Natixis | Societe Generale | UBS Switzerland | Valley National Bank | Wells Fargo Bank Ian Koplin

M&T Bank Amends $100MM Credit Facility with One Liberty Properties

One Liberty Properties entered into an amendment to its $100 million credit facility which extends the facility through Dec. 2026, increasing the amount available to be borrowed for renovation and operating expense purposes.

November 10, 2022 Manufacturers and Traders Trust Company | One Liberty Properties | Patrick J. Callan Jr. | Valley National Bank Ian Koplin

Valley National Bank Amends $60MM Credit Facility with BRT Apartments

BRT Apartments entered into an amended credit facility which increases to up to a total of $60 million the amount available to be borrowed for the acquisition of, and repayment of mortgage debt on, multi-family properties.

September 16, 2022 BRT Apartments | Jeffrey A. Gould | Valley National Bank | VNB New York Ian Koplin

Valley National Merges with USAmeriBancorp

Valley National Bancorp, the holding company of Valley National Bank, completed its merger with USAmeriBancorp and its subsidiary, USAmeriBank.

January 3, 2018 Ira Robbins | Jennifer W. Steans | Joseph V. Chillura | USAmeriBancorp | USAmeriBank | Valley National Bancorp | Valley National Bank Amanda Koprowski

Valley National Names Robbins CEO as Lipkin Steps Down

Ira Robbins is stepping up at CEO of Valley National Bank upon the retirement of Gerald Lipkin.

November 6, 2017 Andrew B. Abramson | Gerald H. Lipkin | Ira Robbins | Valley National Bancorp | Valley National Bank Amanda Koprowski