News
Thomson Reuters Sells 51% Stake In Global Print Business To KKR For $500 Million
1+ hour, 41+ min ago (572+ words) Thomson Reuters has agreed to sell a 51% stake in its Global Print business to KKR for approximately $500 million, creating a new joint venture focused on distributing legal and tax information through print and digital books. Following the transaction, Thomson Reuters…...
Equinox Gold Sells Versamet Royalties Shares For C$130 Million
2+ day, 16+ hour ago (253+ words) Equinox Gold announced that it sold an aggregate of 8,713,000 common shares of Versamet Royalties through a block trade with National Bank Financial. The sale generated aggregate gross proceeds of C$130 million for Equinox Gold. The company said it holds its…...
E1 Capital: Interview With Chief Investment Officer Victor Baev About The Diversified U.S. Mortgage Opportunities Strategy
6+ day, 2+ hour ago (837+ words) The strategy invests across agency MBS, non-agency RMBS, residential whole loans, CMBS, and mortgage REITs, allocating dynamically among the five sectors as relative value and macro conditions shift, and is preparing to launch with a target raise of $300 million across…...
H.I.G. Capital Is Acquiring A Majority Stake In TERRAS
1+ week, 20+ hour ago (218+ words) H.I.G. Capital announced that one of its affiliates has entered into a definitive agreement to acquire a majority stake in TERRAS Group. Financial terms of the transaction were not disclosed. TERRAS is headquartered in Montabaur, Germany, and provides infrastructure engineering and…...
Xactus: Acquisition Of Mortgage Credit Link Expands Verification Technology Platform
1+ mon, 2+ week ago (189+ words) Lovell Minnick Partners announced that its portfolio company, Xactus, has completed the acquisition of Mortgage Credit Link, a web-based order fulfillment hub that streamlines credit and verification data ordering from application to closing. Following the transaction, Mortgage Credit Link will…...
NEXA Lending: Strategic Investment And Phased Acquisition Agreement With Copper Ridge Ventures
1+ mon, 3+ week ago (346+ words) NEXA Lending announced a strategic investment and phased acquisition agreement with Copper Ridge Ventures (CRV), a mortgage joint venture holding company owned by Tim Owens. The partnership is designed to support NEXA’s broader strategy of working with experienced owner-operators to…...
Blackstone Real Estate Debt Strategies Launches Homebuilder Lending Platform
2+ mon, 4+ day ago (227+ words) Blackstone Real Estate Debt Strategies, known as BREDS, has launched a lending platform designed to provide capital and flexibility to homebuilders across the United States, with expectations of enabling the construction of more than 50,000 for-sale homes annually. The platform is…...
Carrington And Valon Partner To Modernize Ginnie Mae Mortgage Servicing Technology
2+ mon, 6+ day ago (311+ words) As part of the transaction, Carrington, alongside a private equity partner, will also acquire Valon Mortgage, expanding Carrington’s servicing portfolio by approximately 800,000 loans. Carrington is one of the largest independent mortgage servicers in the United States and a major specialist…...
Fifth Third: Fannie Mae DUS Business Acquisition Expands Multifamily Lending Platform
2+ mon, 1+ week ago (284+ words) Fifth Third Bancorp announced the closing of its acquisition of Mechanics Bank’s Delegated Underwriting and Servicing business line, including an experienced multifamily lending team and a servicing portfolio with approximately $1.8 billion in unpaid principal balance. Through the acquisition, Fifth Third…...
CommLoan: Interview With Founder & CEO Mitch Ginsberg About The Real Estate Lending Technology Company
2+ mon, 1+ week ago (1011+ words) CommLoan is a commercial real estate lending technology company that operates a digital marketplace using its proprietary CUPID AI engine to connect borrowers and brokers with a wide range of commercial mortgage lenders, streamlining the financing process. Pulse 2.0 interviewed CommLoan…...