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Lender expands to Nevada

Tuesday, July 6, 2004 | 11:01 a.m.

Minneapolis-based Northland Networks Inc. is opening a one-man Las Vegas office.

Northland will originate commercial loans in Las Vegas that will use a local lead bank and syndicate the balance to Midwestern institutions. The office, which will be run by Kenneth Merkey, also will offer investment banking services for commercial clients, including refinancing and merger-and-acquisition services.

Merkey works with Midwest banks looking to supplement largely agricultural loan portfolios.

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