Tuesday, 8 May 2018

Meet the California bank backing Brooklyn’s Hasidic developers

It’s 1999. AOL is how most people receive email, and computers everywhere could soon succumb to the Millenium bug. It’s also the year when a new lender emerges and quickly gains a reputation for catering to wealthy clients with “complicated” personal finances. Its name? Bank of Internet. Flash forward to 2018. The bank has rebranded to BofI Federal, emerged unscathed from a Securities and Exchange Commission investigation, and has made a major bet on a […]



source https://therealdeal.com/2018/05/08/meet-the-california-bank-backing-brooklyns-hasidic-developers/

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