Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans
Provided By PR Newswire
Last update: Aug 1, 2024
CARMEL, Ind., Aug. 1, 2024 /PRNewswire/ -- (Nasdaq: MBIN) Leading financial services provider Merchants Capital today announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured by 41 performing multifamily bridge loans. This is the second multifamily CRT and the third overall completed by Merchants' Capital Markets platform, which has executed nearly $4 billion in securitizations.
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