Redwood Trust

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Redwood Trust buying real estate investment lender CoreVest for $490 million

Oct 14, 2019By

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. But that was just the appetizer. Now comes the main course.

3d rendering of a row of luxury townhouses along a street

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