This excerpt taken from the PNC 10-Q filed Nov 8, 2007.
ARCS COMMERCIAL MORTGAGE CO.,L.P.
On July 2, 2007, we acquired ARCS, a Calabasas Hills, California-based lender with 10 origination offices in the United States. ARCS has been a leading originator and servicer of agency multifamily loans for the past decade. It originated more than $2.1 billion of loans in 2006 and services approximately $13 billion of commercial mortgage loans.