Pittsburgh-Based Firm Started Small, Grew Into A U.S. Job Creator

A map of Pittsburgh, Pennsylvania with its nei...

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

Fourteen years after Chuck Sanders opened a small storefront in Bellevue providing title and settlement services to people buying houses, that single business has mushroomed into a nationwide empire of about 13 companies, with some 2,400 employees and annual revenues this year that will be in the neighborhood of $200 million.

His flagship company, Urban Lending Solutions, headquartered Downtown in the Federated Investors Tower, provides back office support servicing mortgages for major financial institutions such as Bank of America, Wells Fargo and SunTrust.

New York-based Inc. magazine, which publishes an annual list of the 500 fastest growing companies in the U.S., this year ranked Urban Lending Solutions as the eighth-top job creator in the U.S. for creating 1,022 new jobs within the prior 18 months. Black Enterprise Magazine, known for its annual list of the country’s largest African-American owned firms, ranked ULS the nation’s 16th largest with 2012 revenue of $183.5 million.

Read more: http://www.post-gazette.com/business/2013/12/25/Built-on-drive-and-trust-City-based-firm-started-small-grew-into-a-U-S-job-creator/stories/201312250056#ixzz2obVTR97y

Philly Developer Buying Buildings In Downtown Pittsburgh

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A Philadelphia developer that has purchased two buildings in Downtown Pittsburgh in less than a year apparently has its sights set on a third.

PMC Property Group appears to be close to a deal to buy the Regional Enterprise Tower, the 30-story skyscraper that was the subject of a sheriff sale last spring, according to sources.

Read more: http://www.post-gazette.com/pg/11266/1176836-53.stm#ixzz1YnYfx0Kd