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Midland Awarded $800MM Contract.(Midland Loan Services gets a contract on the Prima Capital Advisors pension fund portfolio)(Brief Article)
Overland Park, KS-Midland Loan Services has been awarded an $800 million servicing assignment on the Prima Capital Advisors pension fund portfolio.
The portfolio comprises whole commercial loans, investment grade and "B" piece commercial mortgage-backed securities and other fixed-income investments.
Midland will be responsible for the servicing, investment tracking and consolidated accounting on the portfolio, the servicer reports.
The assignment will permit Midland "to leverage its conventional servicer capabilities in order to also provide an expanded range of consolidated accounting, ...
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Source: HighBeam Research, Midland Awarded $800MM Contract.(Midland Loan Services gets a...