Timbercreek Financial Corp T.TF

Not doing so well part 2

[sergio2go]

After reading a letter from Timbercreek, it looks like Timbercreek will be able to sell assets of Groupe Huot since Timbercreek's loans are secured. Will they be able to recuperate all their marbles and how long will this process be remain to be seen.

[Konaboy]

Lots of stories out there involving Blood and Stones ;) Luckily, multi-tennant REIT properties are pretty hot these days, so this might be helpful.  While asset sales proceed, I would assume that TF will continue to earn their interest payments from the Huot 'estate' ?? Upon closure, they will then need to place that funding to get it earning again.  Or, maybe the buyer will