Bancorp: Property With $14.1 Million Loan Transferred to Newly Created Entity with Ties to Original Borrower

Published on Jan 30, 2025

Bancorp Inc. (TBBK) recently transferred a $14.1 million loan originally issued in 2022 to finance The Dylan, a multifamily property in Fort Worth, Texas, to a newly created entity with ties to the original borrower, according to transaction documents signed by a person associated with both the old and new borrowers and the company that […]

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