Transaction combines firm's real assets and specialty finance expertise to meet growing loan demand
The Bancorp Named a Top 50 Community Bank in 2021
April 1, 20223 min
The Bank was ranked #31 best-performing community bank between $3 and $10B in assets
Toorak Capital Partners closes TRK 2022-1 & TRK 2022-INV1
March 15, 20224 min
Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to the residential real estate lending industry, today announced the successful closing of TRK 2022-1, a $285 million securitization of residential bridge loans, following the closing of TRK 2022-INV1, a $363 million securitization of DSCR loans last month. Toorak’s securitizations received investor demand despite a volatile and oversupplied market. To date, the company has issued $2.7+ billion in securitizations across nine deals, including six revolving transactions backed...
Dvara E-Registry is now a part of the Fintech 50 Winners – 2021
November 1, 20215 min
Chosen from amongst nearly 300 eligible applicants worldwide spanning over 66 countries
Celsius launches crypto-backed loans in California at 0% APR
August 17, 20214 min
Celsius, the leading global cryptocurrency earning and borrowing platform, announced today the opening of its retail-lending services to customers in California. Earlier this month, Celsius received its Finance Lender license in California, enabling the company to expand its operations in the state and provide Californians with even more industry-leading financial tools. Currently, borrowers in California can request a Celsius loan issued in USD and stablecoins against 39 cryptocurrencies at 0% APR (25% LTV). With a minimum request amount of...
SitusAMC Expands European Servicing Business to Include Direct Debt
August 10, 20214 min
Alfonso Pagano hired as director to lead the expansion to service non-CRE corporate debt SitusAMC, one of the largest independent, rated commercial real estate primary and special servicers in Europe, announced the expansion of the firm’s servicing business in Europe to include corporate direct debt, infrastructure and social housing loans. SitusAMC currently services 67 billion euros in commercial real estate loans with assets located in 18 countries through Europe for banks, insurance companies, funds, and private equity firms. Alfonso Pagano has been hired as...