Stearns Bank
60 Case Studies
A Stearns Bank Case Study
The customer, Bella Asset Management, a commercial real estate investment firm, faced the common industry challenge of securing reliable and timely financing for acquisitions. Their senior partner, David Lagat, needed a banking partner that could confidently close deals without delays, which can be costly. They turned to Stearns Bank for a commercial finance solution to fund an apartment complex and hotel project.
Stearns Bank provided a smooth and efficient lending process through its team, including Chief Lending Officer Tom Hosier. The solution delivered the necessary funds right on time, instilling confidence and preventing potential financial loss on the transaction. As a result of this successful partnership, Bella Asset Management has increased excitement for future transactions and David Lagat highly recommends Stearns Bank to others in the commercial real estate business.