HOUSTON--(BUSINESS WIRE)--Aug. 24, 2006--U.S. Bank Commercial Real
Estate opened a new office in Houston's West Loop/Galleria area.
Located at 5555 San Felipe St., Suite 1150, the office is managed by
Ron Gray, senior vice president and market manager for U.S. Bank
Commercial Real Estate.
Rhonda Sands, senior relationship manager, and Felicia Auzenne,
senior underwriter/assistant relationship manager, work at the Houston
office with Gray. There are plans to add additional staff to the team
at the Houston office.
"Ron has a significant number of years working with middle-market
and institutional real estate companies in both the Houston and San
Antonio markets," said Stewart Wilson, senior vice president and
regional manager for U.S. Bank Commercial Real Estate. "Given his
experience, expertise, and reputation, Ron will be able to develop and
promote the U.S. Bank brand in these markets in a relatively short
period of time."
The new U.S. Bank Commercial Real Estate office will help generate
growth in revenue and earnings by better serving and broadening
existing client relationships, and add multiple new clients in the
Houston and San Antonio markets that have approximately seven million
people. The office will provide capital and banking services to
commercial real estate professionals in Houston with additional focus
on prospects located in the relatively nearby San Antonio.
The opening of the Texas location gives U.S. Bank Commercial Real
Estate 31 offices in the United States. U.S. Bank Commercial Real
Estate is the fourth largest commercial real estate lender in the
United States. The U.S. Bank Commercial Real Estate team focuses on
providing construction, acquisition, renovation, mezzanine and
permanent financing to commercial real estate developers and investors
nationwide. It also provides deposit services, treasury management and
capital market products.
U.S. Bancorp (NYSE:USB), with assets of $213 billion, is the 6th
largest financial holding company in the United States. The company
operates 2,434 banking offices and 4,966 ATMs, and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers, businesses
and institutions. U.S. Bancorp is the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at www.usbank.com.
CONTACT: U.S. Bank
Amy Frantti, 612-303-0733
SOURCE: U.S. Bank