Tag Archives: Green River Capital

Green River Capital, a West Valley City, Utah-based REO asset management and loss mitigation provider, was ranked the third fastest growing company in Utah by MountainWest Capital Network (MWCN), the state's largest business networking organization. MWCN annually identifies the state's fastest growing companies in its Utah 100, determined by the percentage of revenue increase from 2005 to 2009.

UrbanAmerica Advisors and Green River Capital have created a joint venture minority business enterprise (MBE) called UrbanAmerica Res Services. Headquartered in Dallas with offices in Salt Lake City, Atlanta, and New York City, UrbanAmerica Res Services is a network of 7,000 deal sourcing, loss mitigation, asset management, and valuation professionals. The new company combines UrbanAmerica Advisors' national infrastructure and local community development relationships with Green River Capital's REO management and short sale services.

The National Association of Women REO Brokerages (NAWRB) intends to fill a void within the distressed services industry by advocating for a uniform, industry certification for women business owners. No mechanism currently exists to ensure that women-owned businesses (WOBs) are actually woman owned and operated, according to the Irvine, California-headquartered organization.

Green River Capital (GRC), an REO asset management and loss mitigation provider, recently promoted Stephen Sherman to COO of its sister companies, Green River Financial (GRF) and Infinity Valuation Services (IVS). In his new role, Sherman will oversee operations at GRF and IVS, the group's short sale program provider and BPO company, respectively.

Green River Capital announced a 30 percent increase in sales figures during the first half of 2010 due to new clients and increased efficiencies. Since early 2010, the company has also increased REO assignments by nearly 8 percent from the same period in 2009 and decreased the time each property spends on the market by almost 15 percent compared to figures during the last 12 months.