NEW YORK, July 18, 2017 /PRNewswire/ — Colony American Finance, LLC ("CAF") today announced that certain funds ("Fortress Funds") managed by affiliates of Fortress Investment Group LLC (NYSE: FIG.
CoreVest is a specialty finance company that provides a range of debt products to residential real estate investors. We offer portfolio and single asset term loans for stabilized rental properties as well as short term credit lines for acquisitions.
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At Colony American Finance we strive to be very transparent with applicants and borrowers. As part of that effort, we are very clear about the types of properties we will finance. Unfortunately, we do not finance mobile or manufactured homes of any kind.
Source: Courier & Press archives, American General Finance website (www.agfinance.com), Securities and Exchange Commission filings. Fortress Investment Group. What it does: Fortress is a New York City-based asset management firm. The company’s private equity funds focus mostly on businesses in North America and Europe.
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Colony American Finance has been rebranded as Corvest American Lender in the wake of equity and asset acquisitions by funds affiliated with Fortress Investment Group. – Don’t miss any posted from Pennington County Abstract & Title llc. – Join Hubbiz and connect with your local community.
CoreVest American Finance Lender LLC (CoreVest) makes commercial, business purpose loans. Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain states.
BRIEF-Colony American Finance says certain funds managed by affiliates of Fortress Investment Group to buy co. * Fortress funds will be joined by current senior management team of CAF in launching CoreVest * Senior management team will remain with company and retain their current titles * Says terms of transactions were not disclosed Source text for Eikon: Further company coverage:
Fortress announced Tuesday that it is acquired Colony American Finance, a lender that provides financing for real estate investors who want to purchase single-family rental homes, townhomes.
Colony American Finance is a leading provider of financing solutions to residential real estate investors. We provide attractive long term debt products for stabilized rental properties as well as credit lines for new acquisitions.