/PRNewswire/ Commonwealth Capital and its affiliates today announced the acquisition of substantially all assets of Frankel Financial Corporation and Excel.
Commonwealth Capital and its affiliates today announced the acquisition of substantially all assets of Frankel Financial Corporation and Excel Financial Corporation. All three companies provide mortgage financing to businesses and individuals on the East Coast. Commonwealth Capital, a direct, balance sheet lender, will see its assets increase by over 20% with the closing of the acquisition and will significantly bolster its sales presence.