IRVINE, Calif.--(BUSINESS WIRE)--
Opus Bank (“Opus”) (Nasdaq: OPB) announced today that Donika Schnell, Senior Managing Director, Head of Opus Bank’s Healthcare Banking division, will participate at the 26th Annual National Investment Center For Seniors Housing and Care (“NIC”) Fall Conference in Washington, D.C. Ms. Schnell will be joined at the conference by Sharmila Solanki, Managing Director, Healthcare Banking; Michael Kinnick, Managing Director, Healthcare Banking; and Bryan Nance, Director, Portfolio Manager.
The NIC Fall Conference is the seniors housing and care industry’s premier event for connecting providers of housing and care with providers of capital and offers insight, strategies, and engaging conversations about developments in the industry. The conference will be held at the Marriott Marquis in Washington, D.C., September 14 - 16, 2016. Individuals interested can find more information at: http://www.nic.org/2016-fall-conference/.
Healthcare Banking at Opus Bank
Opus’ Healthcare Banking team provides superior ideas and solutions, and banking products to meet the particular needs of healthcare providers, practices, professionals, and sponsors. Opus’ Healthcare Banking financing programs focus on cash flow loans for acquisitions and refinancing, asset-based healthcare loans, healthcare-related real estate debt financing, working capital lines of credit, bridge loans, and syndication of multi-lender facilities.
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $7.5 billion of total assets, $6.1 billion of total loans, and $6.2 billion in total deposits as of June 30, 2016. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, media and entertainment, corporate finance, multifamily residential, commercial real estate, and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy, and performance improvement through its Merchant Banking division and its broker-dealer subsidiary, Opus Financial Partners. Opus Bank’s subsidiary, PENSCO Trust Company, is a leading tech-enabled alternative asset IRA custodian with over $12 billion of custodial assets and over 48,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers, and financial advisors. Opus Bank operates 56 banking offices, including 32 in California, 21 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona, and one in Portland, Oregon. Opus Bank is an Equal Housing Lender. For additional information about Opus Bank, please visit our website: www.opusbank.com.
Forward-Looking Statements
This release may include forward-looking statements related to Opus’ plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking information presented in this press release is not a guarantee of future events, and actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “intend” or “expect” or variations thereon or similar terminology. All such statements speak only as of the date made, and Opus undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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