PCRELPine Cabin Run Ecological Laboratory (now Cacapon Institute; High View, WV; est. 1985)
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PCREL will earn fees for originating large commercial mortgages with principal balances between $2 million and $20 million, but will not fund the loans or retain any credit risk.
Barry Slatt Mortgage has excellent institutional investor relationships and marketing strength in Northern California which will benefit PCREL while Pacific Crest provides strong geographic marketing mainly in Southern California, and to a lesser extent in Northern California and Oregon.