Posts in category

Mortgage fund


(Bloomberg) – Lender Romspen Investment Corp. needs more time to assess the state of the housing market before it resumes allowing investors to withdraw money from its flagship mortgage fund, an executive said. Bloomberg’s Most Read “You have to take careful steps to protect the fund,” managing partner Derek Jenkin said in an interview. The …

(Bloomberg) – Canadian real estate lender Romspen Investment Corp. halted redemptions of its biggest fund after a number of borrowers stopped making payments. Bloomberg’s Most Read The Toronto-based company will ‘temporarily defer payment’ of redemptions until it has more clarity on when borrowers will repay the loans and the fund can obtain cash from the …

Capital LYNK Capital LYNK Short-term residential mortgages remain an attractive investment alternative with strong risk-adjusted returns We continue to believe that…investments in short-term residential first mortgages – at conservative LTVs and attractive rates – remain a solid investment alternative. — Ben Lyons, Founding Partner and Managing Director of LYNK Capital RALIEGH, NORTH CAROLINA, USA, November …

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(MENAFN-AzerNews) By Loans amounting to 2.28 billion manats ($1.34 billion) were granted through the electronic system of the Mortgage and Credit Guarantee Fund (MCGF) of Azerbaijan, the director of the MCGF Mortgage Department Rasim Abdullayev during a media training. According to Abdullayev, a total of 90,000 (online cabinet) accounts have been created, 36,500 active life …

The Federal Government has said it is working to increase the mortgages provided to contributors under the National Housing Fund (NHF) to the tune of N712 billion to finance around 100,000 homes across the country. country. He revealed this during the inaugural Federal Mortgage Bank of Nigeria (FMBN) Board and Management Retreat in Abuja, adding …

TORONTO–(BUSINESS WIRE)–Romspen Investment Corporation, a leading non-bank provider of commercial mortgage solutions in Canada and the United States, today announced the launch of a new Canadian dollar feeder fund for its primary US mortgage fund. The Romspen US Mortgage Investment Trust will provide qualified Canadian investors with access to the main fund’s US commercial mortgage …

LOS ANGELES, April 26, 2022 /PRNewswire/ — Futures Financial (“Futures”), a nationwide private real estate lender headquartered in Tustin, Californiaannounced its launch led by industry veterans, Kendra Rommel and David Rosenberg, to focus on creating new lending products for real estate investors, brokers and developers. Backed by a leading wealth management fund with over $650 …

Business March 31, 2022 04:262 minute read Du Val is challenging last year’s order from the Financial Markets Authority to remove ads that the FMA said were likely to mislead mortgage fund investors. Photo / Georges Novak A lawyer for local property company Du Val Group told the High Court that its social media adverts …

WEST HARTFORD, CT /ACCESSWIRE/February 23, 2022/ new money, a leading technology company that provides rapid funding to real estate investors, today announced the launch of its new Decentralized Finance (DeFi) Securitized Mortgage Fund (“Fund”). The Fund will enable accredited investors in the United States, as well as across the world, to gain exposure to a …

The cause of renewed investor interest is the search for an alternative to low savings and fixed bank rates, especially among retirees looking for regular, reliable payments that offer a return above inflation. The annual return of an average $100,000 term deposit account is $520 (or 0.5%). The return on the same amount in an …

Pensioenfonds Provisum has invested 80 million euros in Achmea Dutch Residential Mortgage Fund from Syntrus Achmea Real Estate & Finance. Provisum manages the C&A Netherlands pension scheme and has over 10,000 members. The fund’s assets are managed by Anthos Fund & Asset Management. The Achmea Dutch Residential Mortgage Fund, established in 1997, manages assets of …

“A lot of the loans we give are for new buildings, and they meet a green standard,” he said. The Australian Financial Review. “It made sense to match the capital, which we can rate, with the mortgage, which is actually rated green.” BC Group is backed by one of Asia’s largest developers, Hong Kong-listed Far …

/ DO NOT DISTRIBUTE TO UNITED STATES NEWSWIRE OR BROADCAST SERVICES IN UNITED STATES/ NORTH VANCOUVER, BC, January 4, 2022 / CNW / – Sunstone Opportunity (2007) Realty Trust (the “Trust”) and Sunstone Opportunity (2007) Mortgage Fund (the “Mortgage Fund”) announce the sale of the last remaining property in their original portfolio with the sale …

/DO NOT DISTRIBUTE TO UNITED STATES NEWS WIRE SERVICES OR FOR BROADCASTING IN UNITED STATES/ NORTH VANCOUVER, BC, January 4, 2022 /CNW/ – Sunstone Opportunity (2007) Realty Trust (the “Trust”) and Sunstone Opportunity (2007) Mortgage Fund (the “Mortgage Fund”) announce the sale of the last remaining property in their original portfolio with the sale of …

ST. LOUIS — The city’s economic development arm is launching a new $15 million loan fund to spur development and mortgage activity in neighborhoods that traditional lenders have tended to shy away from. The St. Louis Development Corporation says the new fund will help finance up to 200 new or renovated homes. Much of the …

SLDC said it hopes to have a developer identified by February, when staff plan to present a more detailed outline of the program to the board for approval. SLDC will maintain surveillance while the money is loaned to sub-developers. “It will be a very transparent process,” said Richardson. Bill Seddon, who manages SLDC’s new business …

Trevor Blakely, CEO of Forgestone Capital. (Courtesy of Forgestone) Forgestone Capital was established eight years ago and has grown into a full-service real estate investment firm with $6 billion in assets under management and an additional $1 billion in development projects. Along the way, Forgestone has built a team of 19 people with expertise in …

Forgestone Capital CEO Trevor Blakely. (Courtesy of Forgestone) Forgestone Capital was formed eight years ago and has grown into a full-service real estate investment company with $ 6 billion in assets under management and an additional $ 1 billion in development projects. Along the way, Forgestone assembled a team of 19 people with expertise in …

TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) – Institutional Mortgage Capital (“IMC”) is pleased to announce the launch of the open-ended Active Mortgage Fund (“AMF”). The AMF was initially launched as a closed-end fund in December 2016. The AMF was converted from a closed-end fund to a variable-capital fund, effective January 1.st of this year. “The …

TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Institutional Mortgage Capital (“IMC”) is pleased to announce the launch of the open-end Active Mortgage Fund (“AMF”). AMF was initially launched as a closed-end fund in December 2016. AMF transitioned from a closed-end fund to an open-ended fund, effective January 1st of this year. “The Canadian commercial mortgage …

TORONTO, July 14, 2020 (GLOBE NEWSWIRE) – The Downing Street Group, a Toronto-based real estate investment firm, today announced the launch of its $ 100 million private placement offering on DealSquare for Downing Street Premium Yield Mortgage Fund LP (“DSPYM”). Powered by NEO technology, DealSquare is a joint initiative between Silver Maple Ventures and NEO …

TORONTO, March 11, 2020 /CNW/ – Forgestone Capital is pleased to announce the successful closing of another $100 million in the capital commitments of its institutional partners in Forgestone Mortgage Fund LP. The Forgestone Mortgage Fund is an open-ended investment vehicle focused on capital preservation and providing investors with regular, stable and risk-adjusted returns. Forgestone …

TORONTO, March 11, 2020 / CNW / – Forgestone Capital is pleased to announce the successful closing of another $ 100 million in the capital commitments of its institutional partners in Forgestone Mortgage Fund LP. The Forgestone Mortgage Fund is an open-ended investment vehicle focused on preserving capital and providing investors with consistent, stable and …

Writs filed in the Supreme Court of Victoria document the default of numerous loans to finance developments and allege that investors suffered loss and damage due to the conduct and actions of Oliver Hume. The relief sought includes fair financial compensation, including payment of interest owed and the removal of Oliver Hume as trustee of …

VICTORIA – Essential workers in British Columbia who are struggling to afford a home in the community where they work may soon have access to a new mortgage financing solution for buying a first home. A mortgage investment company (MIC) launched by the non-profit organization British Columbia Construction Association (BCCA) aims to make it easier …

Victoria Mutual Building Society (VMBS) President and CEO Courtney Campbell announced on Friday the launch of a new 100% mortgage offering for Jamaican self-employed and contract workers. These groups, including taxi drivers, hairdressers, plumbers, electricians, micro-business owners and contract workers have often been denied loans and mortgages because their incomes “were inconsistent”. Campbell said during …

The cost of mortgages in the country could drop significantly in the coming days as the government steps up its intervention in the housing sector. The New Times understands that a $ 150 million loan from the World Bank Group is expected to be approved in about a month, and the proceeds from the sale …

Investors backed a Dutch residential mortgage fund, managed by NN Investment Partners, to raise more than €2 billion in 30 months. Since its launch in November 2015, NN Dutch Residential Mortgage Fund has received commitments from Dutch institutional clients and overseas investors, helping it break through the €2 billion mark at the end of May …

ORLANDO, Florida., September 15, 2016 /PRNewswire/ — Legion Capital Corporation, a direct-to-market venture capital firm managed by a renowned venture capital executive Jim Byrd and president Brad Hilton of the renowned Hilton Hotel family, announced the launch of their new venture capital fund, LEGION HIGH YIELD MORTGAGE FUND I, LLC, a $25 million real estate …

* Carlyle Capital’s collapse resulted in $1 billion in losses * Lawsuit charges Carlyle with negligence * Suit says Carlyle should have acted faster to save funds NEW YORK, July 7 (Reuters) – The Carlyle Group is being sued by the liquidators of a bankrupt mortgage-backed securities fund set up by the private equity group, …