Acquiring Company
Velocity Financial
Acquired Company
Toorak Capital
Westlake VillageFinancial ServicesReal EstateFinanceLendingFinancial ServicesReal EstateFinanceLendingDescription
Velocity Financial, Inc. has announced a definitive agreement to acquire the operating platform of Toorak Capital LLC. This acquisition includes management of Toorak's $3 billion business-purpose loan portfolio. The deal positions Velocity to enhance its lending capabilities and expand its market presence.
Quick answer
Velocity Financial is acquiring Toorak Capital, announced August 27, 2026. Velocity Financial is based in Westlake Village, California, United States.
- How much did Velocity Financial pay for Toorak Capital?
- The deal value was not disclosed.
- What does Velocity Financial do?
- Velocity is a leader in investor real estate loans, specializing in originating and managing business purpose loans secured by residential and small commercial properties.
- Where are Velocity Financial and Toorak Capital based?
- Velocity Financial is based in Westlake Village, California, United States.
Source: Fundz verified event record.
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Who to call at Velocity Financial, and when
When Velocity Financial changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Velocity Financial raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Velocity Financial, from your own LinkedIn network
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Frequently asked
Who acquired Toorak Capital?
Toorak Capital was acquired by Velocity Financial, based in Westlake Village. The deal was reported on August 27, 2026. Velocity is a leader in investor real estate loans, specializing in originating and managing business purpose loans secured by residential and small commercial properties. Velocity Financial is publicly traded (VEL) and operates in Financial Services.
When did Velocity Financial acquire Toorak Capital?
Velocity Financial's acquisition of Toorak Capital was reported on August 27, 2026. Velocity Financial, Inc. has announced a definitive agreement to acquire the operating platform of Toorak Capital LLC. This acquisition includes management of Toorak's $3 billion business-purpose loan portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Toorak Capital do?
Toorak Capital LLC is a business-purpose lending and asset management platform. It is majority owned by funds advised by affiliates of KKR, a prominent global investment firm. It is privately held, operating in Financial Services.
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