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Premier Plus Lending Expands Footprint with New Palm Desert Headquarters Following Strongest Year on Record

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Premier Plus Lending (PPL) purchased a 7,500+ square-foot commercial building on El Paseo in Palm Desert to serve as its Coachella Valley flagship, following its strongest year on record.

In 2025 the company closed more than $500 million in funded loan volume, a 70% increase in loan volume and a 59% increase in loans closed year‑over‑year. Premier Plus added 11 experienced processors and support staff in 2025 and invested in in‑house underwriting, marketing, and lending technology to scale operations into 2026.

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Positive

  • Funded loan volume > $500 million in 2025
  • Loan volume +70% year‑over‑year in 2025
  • Loans closed +59% year‑over‑year in 2025
  • Acquired 7,500+ sq ft Palm Desert flagship on El Paseo
  • Added 11 processors/support staff to improve capacity

Negative

  • None.

Key Figures

Headquarters size 7,500+ square feet New Palm Desert commercial building
Funded loan volume $500 million Premier Plus Lending 2025 funded loan volume
Loan volume growth 70% Year-over-year increase in loan volume in 2025
Loans closed growth 59% Year-over-year increase in loans closed in 2025
Staff additions 11 employees Processors and support staff added in 2025

Market Reality Check

$34.89 Last Close
Volume Volume 6,121,054 is in line with the 20-day average of 6,088,252 (≈flat activity). normal
Technical Price at $34.78 is trading below the 200-day MA of $35.57 and about 9% under the 52-week high.

Peers on Argus

While PPL slipped 0.94%, key regulated electric peers (AEE, DTE, FE, ES, FTS) also declined between about 0.74% and 1.27%, suggesting broader utilities softness rather than a reaction to this company-specific expansion news.

Historical Context

Date Event Sentiment Move Catalyst
Nov 21 Dividend announcement Positive +1.6% Quarterly cash dividend declaration with set record and payment dates.
Nov 19 Debt financing Negative -0.0% Pricing of $1.0B 3.000% exchangeable senior notes due 2030.
Nov 19 Debt private placement Negative -2.6% Proposed $1.0B private placement of exchangeable senior notes.
Nov 11 Tech partnership Positive +0.1% Accenture and Apptio partnership to enhance technology financial management.
Nov 05 Earnings update Positive +0.3% Q3 2025 EPS growth, narrowed guidance, and reaffirmed EPS/dividend growth targets.
Pattern Detected

Recent news events, whether dividends, financing, or operational updates, have generally seen share price moves that align directionally with the apparent sentiment of the news.

Recent Company History

Over the past few months, PPL has combined capital markets activity, regulatory advances, and steady financial results. A $0.2725 quarterly dividend declaration and reaffirmed 6%–8% EPS and dividend growth targets supported modest positive reactions. Exchangeable senior notes totaling around $1.0–$1.15 billion were issued for debt repayment and general purposes, with limited stock impact. Technology spending optimization and regulatory approvals for new generation assets rounded out a picture of incremental, execution-focused progress leading into this latest operational expansion news.

Market Pulse Summary

This announcement highlights Premier Plus Lending’s operational expansion, including a new 7,500+ square-foot Palm Desert headquarters and over $500 million in 2025 funded loan volume, with strong percentage growth in loans and added staff. For PPL’s broader context, recent history shows alignment between news tone and share moves around dividends, earnings, and debt issuance. Investors may watch future updates on balance sheet usage, regulatory outcomes, and continued growth execution alongside this real estate and capacity expansion.

Key Terms

underwriting financial
"integration of in-house underwriting expertise, expanded marketing support"
Underwriting is the process where a financial institution agrees to buy and then resell new stocks or bonds to investors. It matters because it helps companies raise money quickly and smoothly, while the bank takes on the risk of selling those securities at the agreed price. Think of it like a booker guaranteeing to sell all tickets for a concert before opening the doors.

AI-generated analysis. Not financial advice.

LOS ANGELES, Jan. 6, 2026 /PRNewswire/ -- Premier Plus Lending (PPL), one of California's fastest-growing mortgage companies, announced today that it has officially purchased a 7,500+ square-foot commercial building on El Paseo in Palm Desert, marking a major milestone in the company's continued expansion across the Coachella Valley.

The acquisition follows Premier Plus Lending's strongest year to date. In 2025, the company closed more than $500 million in funded loan volume, representing a 70% increase in loan volume and a 59% increase in loans closed year over year. The results reflect sustained market demand and disciplined execution across the organization.

Throughout 2025, Premier Plus Lending strengthened its operational foundation to support continued growth and execution at scale. The company added 11 experienced processors and support staff over the past year, expanding internal capacity to improve cycle times, quality control, and consistency across transactions. These efforts were supported by continued integration of in-house underwriting expertise, expanded marketing support for loan officers and referral partners, and targeted investments in lending technology.

Premier Plus Lending also continued to equip its loan officers with enhanced tools for client retention, program access, and rate optimization, reinforcing its focus on helping agents and borrowers navigate an evolving mortgage environment with clarity and confidence.

The newly acquired Palm Desert property, centrally located near key regional landmarks, will serve as the company's flagship location for the Coachella Valley. Design and architectural planning are currently underway, with additional details to be announced as plans are finalized.

"Our growth is driven by the people behind the work," said Artin Babayan, CEO of Premier Plus Lending. "Our mortgage advisors and operational teams consistently deliver with precision, care, and professionalism. As the company scales, our focus remains on investing in the systems, tools, and environment that support high-level execution."

The Palm Desert expansion reflects Premier Plus Lending's broader strategy to deepen its regional presence while maintaining operational consistency and service standards across Southern California. With offices serving both Los Angeles and the Coachella Valley, expanded internal capacity, and access to a broad range of loan programs statewide, the company enters 2026 positioned for continued growth.

About Premier Plus Lending

Founded in 2022 and headquartered in Sherman Oaks, California, Premier Plus Lending is a privately held mortgage company built around disciplined growth and operational execution. The firm was designed to attract and support high-performing loan officers by pairing experienced talent with centralized processing, in-house expertise, and modern lending technology. By investing early in internal infrastructure and team support, Premier Plus Lending has created an environment that enables mortgage professionals to scale responsibly while maintaining consistency and service quality for clients and referral partners. The company serves borrowers and agents throughout Southern California, with an expanding presence in the Coachella Valley.

Media Contact:
Premier Plus Lending
8009634623
406956@email4pr.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/premier-plus-lending-expands-footprint-with-new-palm-desert-headquarters-following-strongest-year-on-record-302653701.html

SOURCE Premier Plus Lending

FAQ

What did Premier Plus Lending (PPL) announce on January 6, 2026?

Premier Plus Lending announced the purchase of a 7,500+ sq ft commercial building on El Paseo in Palm Desert to serve as its Coachella Valley flagship.

How large was Premier Plus Lending's funded loan volume in 2025 (PPL)?

Premier Plus Lending closed more than $500 million in funded loan volume in 2025.

What were Premier Plus Lending's 2025 growth rates reported by PPL?

The company reported a 70% increase in loan volume and a 59% increase in loans closed year‑over‑year for 2025.

How is Premier Plus Lending (PPL) expanding operational capacity for 2026?

In 2025 Premier Plus added 11 experienced processors/support staff and invested in underwriting, marketing, and lending technology to scale operations into 2026.

Where will Premier Plus Lending's new Palm Desert office be located and when will details be available?

The new flagship is on El Paseo in Palm Desert; design and architectural plans are underway with additional details to be announced when finalized.
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