Redwood Trust buying real estate investment lender CoreVest for $490 million
Redwood Trust | October 14, 2019
For the second time this year, Redwood Trust, a real estate investment trust that specializes in buying and securitizing jumbo mortgages, is growing its real estate investor loan business through an acquisition. Earlier this year, Redwood Trust paid $50 million to acquire 5 Arches, an originator and asset manager of investor-focused loans and the parent company of 5 Arch Funding.