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Timbercreek Financial Corp T.TF

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

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

Comment by sergio2goon Dec 08, 2023 10:10am
230 Views
Post# 35774747

RE:Trading significantly below Book Value

RE:Trading significantly below Book ValueIt is indeed a true headscratcher. Their numbres are better than most. The only item that may scared investors is the incredible high yield of 10%+ which is generally regarded as an eventual dividend cut. That being said, i do not beleive at such possible cut and i remain very positive and even more once the total amount of the remaining loan to Groupe Huot will be settle. IMHO
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