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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

Post by ArbProfiton Nov 12, 2016 1:35pm
389 Views
Post# 25453332

Book Value $8.73 at end of Q3

Book Value $8.73 at end of Q3As of September 30, 2016 the book value per share was $8.73 versus $8.85 at June 30, 2016.  The Company's operating income is less than the amount of distributions declared which has contributed to the decline in the book value per share.  The Company expects this trend will continue throughout the orderly wind-up.

https://www.newswire.ca/news-releases/trez-capital-mortgage-investment-corporation-announces-third-quarter-2016-results-600887871.html
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