Reigo Investments, a global investment firm based in Israel, working with Cantor Fitzgerald, announced the closing of a $100 million residential bridge loan securitization.
According to a company release, "The securitization features a 24-month revolving period, after which the transaction will begin to amortize. The pool of loans is business purpose loans, 100 percent senior positions with 6-24 months term. In addition, participation and whole loans will be included in the securitization. Property types include SFRs, multifamily, mixed-use, land, and construction loans."
"When we started Reigo three-and-a-half years ago, we wanted to take data science and real estate and create value," Yariv Omer, co-founder and CEO, tells GlobeSt.com.
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