Fintech New Silver Inks Deal With Fortress for Real Estate Loans [Yahoo! Finance]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Yahoo! Finance
Silver, according to a statement seen by Bloomberg, as private credit firms grow their footprint in asset based debt. Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll Trump Promises Could Have Seismic Impact on Washington Economy Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NY Congestion Pricing Survived a Pause. Here's What Could Kill It The investment firm will help New Silver expand in real estate transition loans, including fix-and-flip and construction loans, which can be shorter term. The deal will be in the form of a so-called forward-flow agreement, where a buyer agrees to purchase loans before they have been originated. Founded in 2018, New Silver has originated about $300 million in loans to date and expects to lend about $250 million in 2025, a person with knowledge of the matter said. It would finance some of those loans through the Fortress contract, the person ad
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News
- Nu Holdings Stock Soars 60% Year to Date: Buy, Hold, or Sell? [Yahoo! Finance]Yahoo! Finance
- Klarna's Planned IPO Sets the Stage for More Fintech Listings [Yahoo! Finance]Yahoo! Finance
- Fintech New Silver Inks Deal With Fortress for Real Estate Loans [Yahoo! Finance Canada]Yahoo! Finance Canada
- SoFi Technologies, Inc. (NASDAQ: SOFI) had its price target raised by analysts at Mizuho from $14.00 to $16.00. They now have an "outperform" rating on the stock.MarketBeat
- Huge News for SoFi Investors [Yahoo! Finance]Yahoo! Finance
SOFI
Earnings
- 10/29/24 - Beat
SOFI
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/7/24 - Form 10-Q
- SOFI's page on the SEC website