LRC Asset Management, a majority-owned company of Scottsdale, Ariz.-based Loan Resolution Corp., has announced the acquisition of KeyLink Asset Management, based in San Marcos, Calif. KeyLink was founded in 2005 by Damien Chiodo and Ty Reed as a real estate owned (REO) asset management services provider.
‘We have always said that we wouldn't get into any line of business unless we felt we could do it better than the next company, and KeyLink was doing it better than the next company,’ says Travis Hamel Olsen, chief operating officer of Loan Resolution Corp.
As of March 1, KeyLink will be known as LRC Asset Management.