American International Group, Inc. (NYSE: AIG) today announced that it is in the process of merging its Commercial Asset Finance (CAF) department into the Private Placements Group (PPG) within AIG Investments.“To better meet the needs of its clients...
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March 31, 2014, 09:00 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided $112.5 million in financing for University Park at Evansdale LLC (University Park), a public private partnership (P3), for the construction and permanent financing of a 425,000...
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February 14, 2014, 06:40 AM
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AIG Commercial Asset Finance (AIGCAF) announced that Mark Gibson will expand his role in sourcing investment opportunities through financial intermediaries. For the past 9 years, Gibson has been a Vice President – New Business Development in AIGCAF’s...
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January 08, 2014, 07:00 AM
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AIG Commercial Asset Finance (CAF) has announced that Joe Thompson will begin providing direct origination coverage of the western U.S. as Senior Vice President – New Business Development. Since the inception of CAF in 2004, Joe has managed CAF’s...
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November 22, 2013, 07:02 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $400 million loan for vessels owned and operated by Nautical Solutions, LLC, which is an operating unit of Edison Chouest Offshore (Chouest). Proceeds from the loan were used...
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November 19, 2013, 06:58 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $113.7 million Credit Tenant Loan (“CTL”) mortgage financing for the purchase of a 201,281 SF office building which is fully occupied by a single tenant under a long-term...
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October 18, 2013, 06:00 AM
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The Equipment Leasing and Finance Association (ELFA) announced that its 2013 Operations and Technology Excellence Award will go to two companies: TCF Equipment Finance, Inc., and SunPower Corporation. The winners were selected by a subcommittee of...
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August 16, 2013, 07:08 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $100 million senior secured term loan to Pratt Paper (LA), LLC (Pratt), a wholly-owned subsidiary of Pratt Industries, Inc. (Pratt Industries). The loan proceeds were used to...
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August 07, 2013, 07:00 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates announced that they have provided a $65 million senior secured term loan to Saltchuk Resources, Inc. (Saltchuk), a Seattle-based family of diversified transportation and petroleum distribution...
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July 01, 2013, 07:00 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $65 million senior secured term loan to Upstate Transmission Holdings, LLC (Upstate). The loan was provided for recapitalization of Upstate and is secured by a 65 mile...
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April 11, 2013, 11:00 AM
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Kirk Phillips, Senior Vice President, AIG Commercial Asset Finance, has been re-elected to serve on the Equipment Leasing and Finance Association's Financial Institutions Business Council Steering Committee. The Financial Institutions Business...
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November 14, 2012, 06:00 AM
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Bloomberg reported that American International Group Inc. (AIG) said a U.S. panel told the insurer it’s under consideration to be labeled a potential risk to the financial system, the first non-bank to report such notification in a process that could...
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October 03, 2012, 07:42 AM
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The Federal Reserve Bank of New York announced the sale of the remaining securities in the Maiden Lane III LLC (ML III) portfolio marking the end of AIG-related assistance. The New York Fed’s management of the ML III portfolio will result in a net...
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August 27, 2012, 07:25 AM
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The Equipment Leasing and Finance Association announced that its 2012 Operations & Technology Excellence Award will go to two companies: LEAF Commercial Capital, Inc. and AIG Commercial Asset Finance. The winners were selected by a subcommittee of...
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July 17, 2012, 07:43 AM
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AIG Commercial Asset Finance (“AIGCAF”) has provided a $105 million loan for properties managed by U-Haul. Proceeds from the loan were used to refinance existing notes.U-Haul is North America’s largest “do-it-yourself” moving and storage operator...
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April 19, 2012, 07:30 AM
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Bloomberg Businessweek reported that the Federal Reserve Bank of New York is seeking bids for $7.49 billion of collateralized debt obligations linked to commercial mortgages it took on in the 2008 bailout of American International Group Inc. (AIG)....
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April 19, 2012, 07:00 AM
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