EverBank relocating Southside Jacksonville retail lending office to Tapestry Park


EverBank proposes to move its Southside retail lending office from Deerwood Park to Tapestry Park in a highly visible location. The rounded area is shown on construction plans as conference space.
EverBank proposes to move its Southside retail lending office from Deerwood Park to Tapestry Park in a highly visible location. The rounded area is shown on construction plans as conference space.
  • News
  • Share

Jacksonville-based EverBank is moving its retail lending office within Southside from the third floor of an office building in Deerwood Park to a high-profile storefront in nearby Tapestry Park.

"We're still in the early stages," said Kipin Alexander, EverBank public relations specialist.

Jacksonville-based EverBank last week announced it was putting a bigger focus on its retail lending operations, marketing mortgage loans directly to consumers. The company said it hired 100 people in that area in the second quarter and expects to hire even more.

EverBank, which is based at 501 Riverside Ave., is visible throughout Downtown. Along with the name on the headquarters building where it leases space, it also sponsors EverBank Field, home of the Jacksonville Jaguars, and is the anchor signage tenant in EverBank Center at 301 W. Bay St.

Unlike many major banks, which have dozens of branch offices in the area, EverBank primarily operates through its online portal and augments those services with brick-and-mortar locations.

In Northeast Florida, EverBank.com lists just 10 lending offices, comprising eight in Duval County and one each in Fernandina Beach and St. Augustine.

Among those is the 10151 Deerwood Park Blvd. office, in Suite 330, that is relocating.

Of those 10, four also are listed as banking offices.

Also of those 10 lending offices, one is at the Riverside Avenue headquarters and two are at EverBank Center.

That's why a storefront EverBank office will draw attention. There just aren't that many of them.

The City is reviewing a permit application for Tenant Contractors Inc. to renovate 5,200 square feet of space at 9822 Tapestry Park Circle, No. 101-102. The location is the first floor of a two-story building and is on the corner next to Hotel Indigo.

The project cost of renovations is shown as $206,765 and the space was open Wednesday in preparation for renovations.

Plans show Hota Design Studio LLC is the architect for the space, which includes a round retail conference area as well as offices, a coffee bar and a break room.

EverBank said in its annual filing with the Securities and Exchange Commission that it markets and distributes its products and services primarily through its online financial portal.

That business "is augmented by our nationwide network of independent financial advisors, high-volume financial centers in targeted Florida markets and other business offices."

In its SEC filings, EverBank Financial Corp. describes itself as a thrift holding company with two direct operating subsidiaries, EverBank and EverBank Funding LLC.

EverBank is a federally chartered thrift institution with its home office based in Jacksonville.

Its direct banking services are offered nationwide. In addition, EverBank operates financial centers in Florida and retail lending centers across the United States.

The SEC filing explains that EverBank accepts deposits from the general public;  originates, purchases, services, sells and securitizes residential real estate mortgage loans, commercial real estate loans and commercial loans and leases; originates consumer and home equity loans; and offers full-service securities brokerage and investment advisory services.

"We are a diversified financial services company that provides innovative banking, lending and investment products and services to clients nationwide through scalable, low-cost distribution channels," said the annual SEC filing made March 15.

"Our business model attracts financially sophisticated, self-directed, mass-affluent clients and a diverse base of small and medium-sized business clients," it said.

Its three segments are banking and wealth management, mortgage banking, and corporate services.

EverBank said in the annual filing that it leases or subleases more than 913,000 square feet of office, operations and retail space in 74 locations in 19 states.

It also subleases out to third parties about 63,000 square feet of its leased space. It owns a financial center in southwest Florida in Naples.

EverBank said that in addition to its headquarters, it conducts a majority of its mortgage operations and all of its mortgage servicing activities in Jacksonville.

It conducts the banking functions associated with its consumer direct channel in St. Louis, Mo.; its deposit operations are in Islandia, N.Y.; its commercial finance activities are in Parsippany, N.J.; and its commercial lending activities are handled out of Redmond, Wash., and St. Louis.

[email protected]

@MathisKb

(904) 356-2466

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.