SilverLeaf Financial Acquires 10.2 Million in Commercial Loans in Ohio

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Salt Lake City, UT, November 17, 2009 — SilverLeaf Financial announced that they have recently acquired two commercial properties located in Ohio. The first is in Shaker Heights, Ohio, consisting of a 20,000-sq-ft office complex that AmTrust Bank is the primary occupant of. The face value of that loan is 1.35 Million. The other acquired loan is a regional retail shopping mall in Bowling Green, Ohio, with a face value of 8.9 Million. The Woodland Mall is approximately 300,000-sq-ft retail mall with tenants such as Sears, Famous Footwear, Cinemark, Dunham’s Sports, and Elder-Beerman. The mall sits on approximately 50 acres.

SilverLeaf is very excited about their purchase in Bowling Green, which has a college student population of over 20,000. These loans are the 38th and 39th SilverLeaf has acquired this year. SilverLeaf continues to be very active in looking to acquire more 1st position trust deed commercial loans in the 4th quarter.

SilverLeaf Financial has also recently brought on a new member to their financial team. Chet Thomas will act as the Senior Analyst and head the underwriting and due diligence department. The department is responsible for analyzing and reviewing commercial loans SilverLeaf is interested in acquiring. They are excited to have him on board. SilverLeaf CEO Shane Baldwin says, “Chet brings with him knowledge in the real estate development sector and hands-on training in the loan processing field, I know he will be a great asset to our team.”

About SilverLeaf

Headquartered in Salt Lake City, Utah, SilverLeaf Financial is a private equity firm that focuses on purchasing pools of performing and non-performing 1st deed of trust loan pools from the FDIC and other financial institutions for the purpose of prompt monetization. For more information visit the SilverLeaf Financial web site: http://www.SilverLeaf-Financial.com.

Other press releases from SilverLeaf Companies

• SilverLeaf Financial Acquires $30 Million in Commercial Paper in the Month of September - October 13th, 2009
• SilverLeaf Financial Acquires Loans in Jacksonville, FL and Farmington, UT - September 23rd, 2009
• SilverLeaf Financial Acquires More Commercial Assets in Massachusetts and California - August 31st, 2009
• SilverLeaf Seminars Is Giving Away a House - August 28th, 2009
• SilverLeaf Financial Discusses Their Purchase of 321 Single-Family Residential Mortgages - July 22nd, 2009
• SilverLeaf Puts 321 Single-Family Notes Up for Sale to the Public - July 22nd, 2009
• SilverLeaf Financial Acquires 321 Single-Family Mortgages from Loans Originated by GMAC - July 13th, 2009
• SilverLeaf Financial Seeks to Raise Additional 100 Million in Investment Funds - May 27th, 2009
• SilverLeaf Financial to Be a Panel Participant in the IMN Forum in New York City - May 14th, 2009
• With the Slow Real Estate Market, Why Are More Agents Joining SilverLeaf Realty? - May 14th, 2009

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