MARKET UPDATE BLOG

Slatt capital opens colorado office with merger with terrix financial— expands office footprint outside california

Slatt Capital Opens Colorado Office with Merger with Terrix Financial— Expands Office Footprint Outside California

January 19, 2023

Slatt Capital is proud to announce the successful completion of it its merger with Terrix Financial of Colorado. The Greenwood Village, Colorado office in the greater Denver metropolitan region marks the firm’s first office location outside of California and is a major milestone in the company’s continued growth and expansion.

Terrix Financial Corporation, now known as Slatt Terrix Financial, which has been operating in Colorado since 1980, is a full-service Mortgage Banking Firm. The two firms’ shared structure, vision, and complementary correspondent lender relationships made the merger an ideal fit for both companies. Terrix Financial Principals John Richert and David O’Brien, along with their team, will operate under the Slatt brand and aid in its future expansion.

“We have known of Slatt Capital for a long-time, and our relationship blossomed after the Terrix of California acquisition in early 2022,” said Richert. “Our team was impressed with the Slatt operating platform and service the Slatt team has provided our clients over the past year. The timing was perfect to merge our operations and look to grow the office together.”

“Slatt Capital has explored expanding our regional California footprint for some time. Bringing their team into Slatt Capital was a natural step in our shared ambition for Colorado,” said Dan Friedeberg, CEO at Slatt Capital. “We are excited to have the seasoned and highly reputable Terrix Financial mortgage banking group become part of Slatt Capital.”

This merger and expansion demonstrate Slatt Capital’s commitment to providing its clients with the highest level of service and expertise in the industry. The company looks forward to serving its clients in Colorado and continuing its growth in the region.