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ARCS rings in the new year with optimism

ARCS Commercial Mortgage was started in 1971 as a residential mortgage company and was reconstructed in 1995 exclusively as a mortgage banker under its new ownership. "The bank decided to exit the residential mortgage business as a national company," said Howard Levine, president and CEO of the Calabasas Hills, Calif.-based company. "I decided there were significant opportunities emerging in the commercial field, so we bought the commercial servicing portfolio of the old company and started a new one." The full-service commercial mortgage banker started out with a mere 20 employees, and has grown into a 12-branch company with ...

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