Novastar acquires office of Oak Street in Reno
Employment is expected to double at the Damonte Ranch office of Oak Street Mortgage, which has been acquired by Novastar Mortgage Inc.
The Reno office was one of about 21 Oak Street Mortgage locations acquired last month by Novastar, a company based at Kansas City.
Signage at the Damonte office will change in December to reflect the new name, says Jason Brothers, site director.
Since launching its new pediatric products two years ago, Neo Medical has seen a 35% growth in sales; moreover, the company has seen revenue grow 15% year-over-year since relocating to Sparks in late 2012.