FirstCity Crestone LLC

FirstCity Crestone LLC

  • 100 W Rd Ste 300
  • Towson, Maryland
  • 21204

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Description

October 11, 2011 -- Broadcast Electronics (BE), an affiliate of FirstCity Crestone, LLC announced today that it has acquired the assets of LocalMedia, an application development company specializing in social media and audience interactivity tools for radio broadcasters.

"The formation of FirstCity Crestone marks an exciting and natural expansion of FirstCity's core business of buying loan portfolios," said FirstCity Financial's CEO, Jim Sartain. "Over the past twenty years FirstCity has emerged as the buyer of choice for financial institutions seeking to sell their under-performing assets.

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