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PNC Beefing Up Multifamily Lending Through Acquisition

Pittsburgh-based Financial Services Firm Acquiring ARCS Commercial Mortgage
By Tim Trainor
CoStar News
May 10, 2007 | 5:33 AM

In a bid to expand its multifamily lending and servicing capabilities, The PNC Financial Services Group, Inc. (NYSE: PNC) said it will acquire ARCS Commercial Mortgage of Calabasas Hills, CA for an undisclosed price.

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