Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Timbercreek Financial ( (TSE:TF) ) has provided an update.
Timbercreek Financial announced progress in resolving loans made to Groupe Sélection Inc., following its restructuring under the Companies’ Creditors Arrangement Act. The company, along with partners, has successfully facilitated the sale of a retirement residence and advanced the completion of a residential building, expecting full loan repayment soon, which enables capital redeployment into new core asset loans.
More about Timbercreek Financial
Timbercreek Financial is a leading non-bank, commercial real estate lender offering shorter-duration, structured financing solutions to commercial real estate professionals. The company provides fast execution and flexible terms, not typically available from Canadian financial institutions, aiming to generate strong risk-adjusted yields for investors.
YTD Price Performance: -3.14%
Average Trading Volume: 180,826
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$563.6M
For an in-depth examination of TF stock, go to TipRanks’ Stock Analysis page.
