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.

TSX:TF - Post by User

Timbercreek Financial Corp

<< Previous

Bullboard Posts

Next >>

Post by Possibleidiot01on Mar 11, 2024 7:45pm

294 Views

Post# 35927516

Bill Harris - BNN- PAST TOP PICK

PAST TOP PICK

(A Top Pick Sep 08/23, Up 14%)

Last year was hard on this company with interest rates having moved way up so quickly. It is in the short term mortgage market business. Property prices are coming down. It still pays a 9% dividend and is trading at a 10% discount to its hard cash value. It is in their income portfolio.

Financial Services

N/A