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Sortis Income Fund Available on Fidelity Wealthscape Platform

PORTLAND, Ore. – March 20, 2019 – The Sortis Income Fund has been approved by Fidelity and National Financial Services and is now accessible to registered investment advisors and broker-dealers via the Fidelity Wealthscape technology platform. The Sortis Income Fund, a $100M real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis HoldingsRead more

Sortis Holdings Wins Development Award

Seattle, WA – Jan. 2, 2019 – The Revitalization of 300 Pine, a redevelopment of the flagship downtown Seattle Macy’s for Starwood Capital Group led by Sortis Holdings’ affiliate Third & Pine LLC, has been named the National Association of Industrial and Office Properties’ (NAIOP) Top Redevelopment/ Revitalization Project of The Year for 2018. 300 PineRead more

Medzero Offers Zero-Interest Financing For Out-Of-Pocket Health Care Expenses

KANSAS CITY, Mo. – Feb. 6, 2018 –  MedZERO Inc. has launched a medical payment platform that provides employees access to zero-interest, zero-fee advances to cover out-of-pocket health care expenses. MedZERO is a voluntary employee benefit that provides immediate mobile access to funds to pay for medical costs via an electronic Mastercard®. The advances areRead more

Sortis Holdings Acquires Clearspring Loan Services

March 30, 2017- Sortis Holdings Inc. (SOHI) has acquired ClearSpring Loan Services, a special servicer headquartered in Dallas, Texas. ClearSpring has more than $2 billion in assets under management and is a currently vendor for top-tier banks, hedge funds, private investors and government-sponsored enterprises. The company is licensed as a servicer, lender and debt collector.Read more

Merchants Bancorp Completes Sale of Bank and Merger With Sortis

January 6, 2017- Merchants Bancorp and its wholly owned subsidiary MBank has completed the sale of its’ banking assets to Riverview Community Bank. Riverview has acquired approximately $116 million in assets from Merchants Bancorp. The three MBank branch offices, in Gresham, Portland and Lake Grove, will become Riverview branches when the transaction closes. Subsequent toRead more