Tag: alerus financial

Alerus Not Making New Out of Home Loans

Alerus Financial (formerly Metro Phoenix Bank) is no longer making new out of home advertising loans.   Alerus considered a sale of the $55 million loan portfolio but Billboard Insider hears it now plans to make no new loans and let the portfolio run off. What does this mean for […]

Happy Thanksgiving from Billboard Insider

Billboard Insider is taking tomorrow off for Thanksgiving.  We have lots to be thankful for: To Outfront Media Real Estate Rep Shelli Bergren for being Billboard Insider’s first newsletter subscriber. To Huntington Billboards Kayla Stewart for being Billboard Insider’s most recent and 3,241st  newsletter subscriber. To Anna Bager and the […]

Nick Gonzales is Bullish on Out of Home Lending

On today’s Billboard Insider podcast out of home banker Nick Gonzales talks about the out of home debt markets.  Nick’s bank seeks $1-20 million out of home loans. Here are the highlights. On July 1 Metro Phoenix Bank was acquired by Alerus Financial Corporation. What does the acquisition mean for […]