ABN AMRO Apartment Lending reported an increase in lending for the month of November.
It produced $123 million in loans during November, an almost 3.4% increase from October’s $119 million in production.
Its year-to-date production totals almost $1.6 billion, a 26% increase from November 2001’s nearly $1.3 billion.
ABN AMRO Apartment Lending is the commercial lending arm of ABN AMRO Mortgage Group, Inc., which reported an overall almost 18.4% dip in origination from October.
During late morning trading, shares of ABN AMRO were down $0.17 at $15.57, according to CBSMarketwatch.com.
