COHEN, PILLAR TO COMBINE COMMERCIAL REAL ESTATE PLATFORMS

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CHICAGO — As part of its continued plan for growth and expansion, Cohen Financial has announced it will merge into the Pillar Financial LLC platform. The transaction is expected to close at the end of 2013. No changes in staffing or key operations are planned. Terms of the transaction were not disclosed. “The addition of Pillar Financial’s lending products offer us a fuller array of products, services and resources in support of our focus on our client-centric approach of representing users and providers of capital,” says Jack Cohen, CEO of Cohen Financial. The loan servicing and brokerage units will retain the Cohen Financial name and will be run by the existing Cohen Financial management team.

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