Announced
Completed
Synopsis
Neighbourhood Holdings, an alternative mortgage lender, completed the acquisition of Fisgard Asset Management, an alternative mortgage lender, exempt market dealer, and mortgage investment manager. Financial terms were not disclosed. "As traditional banks tighten lending standards, alternative lenders like Neighbourhood and Fisgard are playing a growing role in Canadian housing finance. Since the early days of founding Neighbourhood in 2015, we've considered Fisgard a model of stability and integrity. Fisgard's reputation with brokers and investors was a key driver in pursuing this transaction. We're proud to continue its legacy as we build the future together," Taylor Little, Neighbourhood Holdings CEO and Co-Founder.
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