Redwood Trust Completes Previously Announced Acquisition Of Riverbend Lending
Acquiring Company
Redwood Trust
Acquired Company
Riverbend
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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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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