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Standard Merchantile Acquisition Corp Cl A T.TZS

Trez Capital Senior Mortgage Investment Corp engages in the mortgage brokerage and investment management business. It focuses on residential and commercial short-term bridge financing. The company offers private and institutional investors opportunities to participate in high yield mortgage investment funds and individually managed portfolios. The company provides the commercial real estate developers with short-term financing on projects. Its portfolio includes residential, retail, and industri


TSX:TZS - Post by User

Post by ArbProfiton Nov 12, 2016 1:33pm
138 Views
Post# 25453328

Book Value $7.00 at end of Q3

Book Value $7.00 at end of Q3As of September 30, 2016 the book value per share was $7.00 versus $9.05 at June 30, 2016.  On October 15, 2016 the Company paid a special distribution of $1.981 per share, in the form of a return of capital, to shareholders of record at September 30, 2016.  The Company expects this trend will continue throughout the orderly wind-up


https://www.newswire.ca/news-releases/trez-capital-senior-mortgage-investment-corporation-announces-third-quarter-2016-results-600887841.html
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