FUNDRAISING NEWS | November 21, 2024
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.
Written By: Dakota
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