Premier Plus Lending Expands Footprint with New Palm Desert Headquarters Following Strongest Year on Record
Rhea-AI Summary
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.
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
Market Reality Check
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. |
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.
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
AI-generated analysis. Not financial advice.
The acquisition follows Premier Plus Lending's strongest year to date. In 2025, the company closed more than
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
"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
About Premier Plus Lending
Founded in 2022 and headquartered in
Media Contact:
Premier Plus Lending
8009634623
406956@email4pr.com
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SOURCE Premier Plus Lending