.
MergerLinks Header Logo

New Deal


Announced

Redwood Trust and Oaktree Capital Management to form a joint venture.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

Mortgage Finance

Domestic

Majority

Joint Venture

real estate financing

United States

Single Bidder

Private

Pending

Friendly

asset management

Synopsis

Edit

Redwood Trust, a specialty finance company focused on making credit-sensitive investments in residential mortgages and related assets, and Oaktree Capital Management, an asset management company, agreed to form a joint venture to invest in business purpose bridge loans. Financial terms were not disclosed. “We are pleased to be partnering with Oaktree, a premiere global investment manager, in a joint venture that will enhance our ability to provide solutions to a broad spectrum of real estate investors at an important point in the housing cycle,” Dash Robinson, Redwood Trust President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US