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Timbercreek Financial Corp T.TF

Alternate Symbol(s):  T.TF.DB.C | T.TF.DB.D | T.TF.DB.E | TBCRF

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other investments, generating an attractive risk adjusted return and monthly dividend payments to shareholders. The Company invests in a portfolio of structured mortgage loans primarily secured by income-producing commercial real estate, such as multi-residential, office and retail buildings located in urban markets across Canada.


TSX:TF - Post by User

Timbercreek Financial Corp > Is Timbercreek out of the woods?
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Comment by sergio2goon Oct 06, 2023 12:44pm
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Post# 35673423

RE:RE:RE:RE:Is Timbercreek out of the woods?

RE:RE:RE:RE:Is Timbercreek out of the woods?All lenders agreed on a proposal in principal. Although, that proposal was not detailed and received as a firm proposal. We are still waiting for a final and official offer. That beeing said, there is another group of investers that were interested in buying back assets of le Groupe Huot but that offer was not considered...so far.
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