On June 24, 2016, Lincoln Park Bancorp, Lincoln Park, NJ completed a private issuance of a $5 million, fixed-rate subordinated term note to a qualified institutional investor.
Read More...We are pleased to announce that Luse Gorman has once again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversion transactions, as reported by SNL for conversion transactions completed in 2015.
Read More...Luse Gorman PC is proud to announce that it was again the No.1 law firm in the nation for bank and thrift mergers and acquisitions occurring in 2015, with 18 transactions.
Read More...On January 5, 2016, Cape Bancorp, Inc. (“Cape”), Cape May Court House, New Jersey and OceanFirst Financial Corp. (“OceanFirst”), Toms River, New Jersey, announced that they have agreed to merge pursuant to which OceanFirst will acquire Cape for approximately $208.1 million in OceanFirst stock and cash.
Read More...On August 25, 2015, Northfield Bancorp, Inc., Woodbridge, New Jersey, and its wholly-owned subsidiary, Northfield Bank, entered into an agreement to acquire Hopewell Valley Community Bank (“Hopewell Valley”), Pennington, New Jersey, for approximately $54.9 million.
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