This Week
  • Centers for Medicaid and Medicare Services to end much-debated electronic records plan.

  • Founding director Andrew Phelps believes in the MAGIC Center at RIT.

  • MediSked offers a system to to help those with developmental disabilities.

  • Area financial institutions are working to diversify their revenue sources.

  • Rebekah Frischkorn knew from the start that agency work was right for her.

  • Mirror Show Management grabbed the top spot on the 2015 Rochester Top 100.

The Cabot Group acquires Adams Mortgage Capital

Rochester Business Journal
November 9, 2012

The Cabot Group Inc. has acquired Adams Mortgage Capital LLC, a mortgage brokerage firm in the town of Greece.

Financial terms were not disclosed.

“With the addition of Alan Adams and his team, we have added the in-house expertise necessary to meet that need,” said Michael Smith, Cabot Group’s chairman and CEO, in a statement. “No one we have dealt with over the years does a better job at identifying the most competitive lenders for particular financing and representing their clients.”

Over the past decade, Adams Mortgage Capital has provided in excess of $1 billion in real estate investment financing for clients in some 20 states. These financings include transactions for apartments, manufactured housing communities, hotels, retail centers, industrial parks, office buildings, research centers and senior living communities.

The Cabot Group, based in Pittsford, ranked third on the most recent Rochester Business Journal list of property management firms.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google