LTC Closes $46 Million in Investments

LTC Properties, Inc. (NYSE: LTC) a real estate investment trust that primarily invests in seniors housing and health care properties, announced today that it has originated $46 million in new investments since the beginning of the third quarter, 2021. The financings include four separate investments with the combined weighted average term of 3.2 years. The investments are expected to generate annual interest income of approximately $3.5 million. “Our recent investment strategy has focused on shorter-term...

China’s first blockchain-based unsecured loan granted on OneConnect financing platform

On January 2, 2020, a financing platform for SMEs in China’s Guangdong province was formally launched. The platform is supported by OneConnect (NYSE: OCFT), a leading Chinese fintech company that has just been listed on the New York Stock Exchange. The launch of the platform with blockchain as its key underlying technology marks the deep integration of digital government and fintech, signaling that difficulties in obtaining financing, including the associated high cost and slow pace of completing the process, faced...

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