Chris Elliott Earns Professional Designation June 6, 2007 Glandon Ends 2006 With $75 Million In Loan Commitments January 18, 2007 <SEE FULL ARTICLE: Atlanta Business Chronicle (See Last Article) Glandon Capital Expands With Atlanta Office
July 7, 2006 <SEE FULL ARTICLE: Charlotte Business Journal Glandon Capital Group Signs 18 Banks As Participating Lenders October 14, 2005 <SEE FULL ARTICLE: Charlotte Business Journal Former RBC Banker Opens Glandon Capital Group September 2, 2005
RMA-Credit Risk Certified Designation Represents Industry Gold-Standard
Glandon Capital Group, LLC, President Chris Elliott, has earned the prestigious credit risk certified designation (RMA-CRC) from the Risk Management Association. Elliott passed the five-hour, 126-question examination on his first attempt. "At Glandon, our focus is on quality. Earning this gold-standard of credit risk certification demonstrates Glandon's commitment to professional excellence and our recognition of the fundamental importance of loan quality for our community bank partners," Elliott said.
Glandon Capital Group, LLC, is starting 2007 with strong momentum. During 2006, Glandon completed 19 transactions in four Southeastern states representing $75 million in loan commitments. The private firm that connects commercial borrowers with funding from a network of Southeastern community banks opened its Charlotte office in August 2005 and its Atlanta office in July 2006. Glandon Capital primarily focuses on funding property acquisitions and development of residential and commercial properties in the Southeast.
Glandon Opens Atlanta Office
July 14, 2006
Glandon Capital Group LLC of Charlotte, N.C., a private firm that connects commercial borrowers with funding from a network of Southeastern community banks, has opened a Buckhead office under the leadership of veteran Atlanta commercial banker Brooks Battle.
Glandon Capital Group, a Charlotte-based commercial-loan brokerage firm that opened last year, expanded this week with an Atlanta-area office. Brooks Battle, a commercial real estate banker most recently with RBC Centura Banks Inc., has joined the firm as a managing partner and will run Glandon's new office in Buckhead, Ga. The firm links commercial borrowers with a network of 30 community banks in the Carolinas, Virginia, Georgia and Tennessee. The banks fund loans for borrowers in the Southeast ranging from $2 million to $25 million.
Glandon's network of community banks includes two in North Carolina -- Wilson-based Cornerstone Bank and Durham-based Cardinal State Bank -- as well as eight banks each in South Carolina and Georgia. Glandon aims to match commercial borrowers with a pool of community banks making loans of $2 million to $10 million.
Former RBC Centura banker Chris Elliott has opened a loan brokerage firm catering to community banks and commercial lenders in the Southeast. The loans will go to community banks that want to enter growth markets without opening a traditional loan production office or otherwise extending their resources. The types of loans Glandon is seeking include commercial and industrial, commercial real estate, land acquisition and development and commercial construction. The firm has already signed First American Bank & Trust Co., a $245 million asset community bank in Athens, Ga., as an investor and participating lender.
