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2007 closings
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PNC COMPLETES ARCS COMMERCIAL MORTGAGE ACQUISITION
7/2/2007

PITTSBURGH, July 2 -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it has completed the previously announced acquisition of Calabasas Hills, California-based ARCS Commercial Mortgage.

The PNC Financial Services Group, Inc. (http://www.pnc.com/) is one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.

For additional information, contact Arthur Nissman at 818-676-3201 or arthur_nissman@arcscommercial.com
 
 
 

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