Timbercreek Financial Corp T.TF

Alternate Symbol(s): TBCRF | 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 an alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other loan investments, generating an attractive risk-adjusted return and monthly dividend payments to shareholders, balanced by a strong focus on capital preservation. The Company focuses primarily on lending against income-producing real estate such as multi-residential, retail and office properties. It fulfills a financing requirement that is not well serviced by the commercial banks: primarily shorter duration, structured financing. It works with borrowers throughout the terms of their mortgages to ensure that their capital requirements are met.

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Timbercreek Financial Corp

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Comment by ArbProfiton Aug 15, 2018 10:32am

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Post# 28464244

RE:RE:RE:Great Revenue Growth ! WOW !

They merged TMC and MTG in 2016 to form TF. Then they raised $45M with a share offering early 2018. Prior to the merger, they transitioned from a MIC structure to a corporate structure, similar to AI, FC etc that allowed more flexibility and should help the shares trade well above "NAV" or book value, as AI, FC. MKP etc do. They have also issued debentures. TF.DB (redeemed) TF.DB.A, TF.DB.B, TF.DB.C So, it's not apples-to-apples comparing to old results, but in my opinion they are doing everything right and they are quite conservative. I hold a large position that I'll add to anytime it drops.