The Western expansion includes a new call center and additional asset management team members, the company says in a release.
The company says the opening of the new location is part of its effort to meet the growing needs of borrowers and business partners in the Central and Western time zones.
“As we continue to grow, we need additional representation around the country so that we can effectively and easily work with our clients wherever they are,” says James DePalma, executive vice president of Planet Management Group, in the release. “Having a Texas presence provides our Western and Midwestern customers with easier access to asset managers and portfolio managers.”
The company, which acts as a trusted adviser to its partners, says its servicing platform enhances portfolio and underlying asset values with data-driven strategy development and execution.
The firm provides solutions to investors in real estate-based assets, including private and GSE mortgages, small-balance commercial loans and residential transition loans (fix and flip).