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Redwood Trust Completes Previously Announced Acquisition Of Riverbend Lending

PUBLIC · RWTJul 05, 2022

Acquiring Company

Redwood Trust

Acquired Company

Riverbend

Mill ValleyFinancial ServicesReal EstateFinanceReal Estate InvestmentLendingFinancial ServicesReal Estate

Description

Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that it has completed the previously announced acquisition of Riverbend Funding, LLC and its subsidiaries (“Riverbend”), a best-in-class private mortgage lender to residential transitional and commercial real estate investors, in an all cash transaction. The acquisition was initially announced on April 28, 2022.

Quick answer

Redwood Trust is acquiring Riverbend, announced July 5, 2022. Redwood Trust is based in Mill Valley, California, United States.

How much did Redwood Trust pay for Riverbend?
The deal value was not disclosed.
What does Redwood Trust do?
Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit.
Where are Redwood Trust and Riverbend based?
Redwood Trust is based in Mill Valley, California, United States.
Who are the decision-makers at Redwood Trust?
Fundz holds 1 contact at Redwood Trust. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Redwood Trust

Location

Mill Valley, California, United States

About

Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not served by government programs. We deliver customized housing credit investments to a diverse mix of investors, through our best-in-class securitization platforms; whole-loan distribution activities; and our publicly traded shares. Our consolidated investment portfolio has evolved to incorporate a diverse mix of residential, business purpose and multifamily investments. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. Since going public in 1994, we have managed our business through several cycles, built a track record of innovation, and a best-in-class reputation for service and a common-sense approach to credit investing. Redwood Trust is internally managed and structured as a real estate investment trust ("REIT") for tax purposes. For more information about Redwood Trust, visit our website at www.redwoodtrust.com or connect with us on LinkedIn, Twitter, or Facebook.

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Frequently asked

Who acquired Riverbend?

Riverbend was acquired by Redwood Trust, based in Mill Valley. The deal was reported on July 5, 2022. Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit. Redwood Trust is publicly traded (RWT) and operates in Financial Services.

When did Redwood Trust acquire Riverbend?

Redwood Trust's acquisition of Riverbend was reported on July 5, 2022. Redwood Trust, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Riverbend do?

Riverbend Lending is an innovative private money lender partner with a national footprint and local expertise. The firm is led by an executive team with over sixty years of experience in real estate investments. It is privately held, operating in Financial Services.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.