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Canadian real estate lender Romspen has halted payouts on its largest fund

Canadian real estate lender Romspen has halted payouts on its largest fund

Bloomberg (gated) with more dire real estate news. This time from Canada where a mortgage fund has stopped paying redepmtions:

  • Canadian real estate lender Romspen Investment Corp.
  • The Toronto-based firm will “temporarily defer payment” of redemptions until it has more clarity on when borrowers will repay loans and the f... Read More
Posted: Nov 9 2022, 23:35
Author Name: forexlive
Views: 102197

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