Fortress Backs New Silver with Forward Flow Purchase Tie-up

New Silver Lending said it has secured a forward flow purchase agreement with Fortress Investment Group, enabling the firm to expand origination of its real estate transition loans.

The deal gives New Silver additional capital to serve a growing base of real estate investors seeking short-term, transitional financing, while offering funds managed by Fortress the ability to acquire loans originated by New Silver. The firms said the partnership combines New Silver’s tech-forward lending platform with Fortress’ asset-backed credit solutions, offering a streamlined funding process for investors pursuing real estate projects.

Source: https://www.fortress.com/media/2024-11-20-new-silver-announces-forward-flow-purchase-transaction-with-fortress