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Trez Capital Mortgage Investment Corporation Class A Shares T.TZZ

"Trez Capital Mortgage Investment Corp is a non-bank commercial mortgage lender. The company provides residential and commercial short-term bridge and conventional real estate financing that includes construction and mezzanine mortgages. It also provides its investors with strategies to invest in a variety of mortgage investment funds and investment assets. The company also finances for commercial properties throughout Canada and the United States."


TSX:TZZ - Post by User

Comment by ArbProfiton Sep 07, 2016 8:50am
194 Views
Post# 25213068

RE:RE:RE:RE:RE:RE:SHare Price Drop Explanations?

RE:RE:RE:RE:RE:RE:SHare Price Drop Explanations?The special distribution is for TZS, not TZZ.  It's also just a return of capital from matured mortgages, so the book value will be reduced equal to the distribution.  They will continue to return capital to shareholders as loans mature, to complete the "orderly wind up plan".  

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