Chris Holden

I'm Chris, and This is My Blog

Fortress Investment Group Expands With Purchase Of Colony American Finance

by Chris Holden - April 15th, 2018.
Filed under: Investment, Investor.

Fortress Investment Group the global investment firm expands its portfolio with the purchase of Colony American Finance LLC. On July 18, 2017, Fortress Investment Group finalized the purchase of Colony American Finance and immediately changed the name to CoreVest American Finance Lenders LLC. Colony American Finance was a leading lender providing real estate investors that invest in single residential investment properties with the opportunity to obtain financing to continue their operation needs. After the recession in the late 2000s, it has been difficult for small investors in residential properties to obtain the needed financing with more traditional banking institutions because of the more stringent Dodd-Frank credit requirements.

In order to obtain lending opportunities for residential investors, Colony American Finance has established itself as one of the more respected and leaders within the special financing sector by providing loans for those real estate investors seeking to continue expanding their portfolios. Fortress Investment Group has established himself as one of the leaders in the alternative asset industry and is acquiring Colony American Finance to continue the mission of acquiring assets within the alternative lending subprime loan market. Colony American Finance had closed over 2.8 billion dollars in loans to its clients which is one of the highest loan inception rates within the country. After the Fortress acquisition and subsequent retaining of the company’s current executive team will allow the organization to remain consistent and continue to provide high-level leadership and expansion within the residential real estate lending market.

Furthermore, with the acquisition of Colony American Finance, Fortress is continuing to establish itself as one of the leaders in the alternative asset investment market. They continue to be led by strong intellectual analysis and evaluation by their senior executive staff and other management partners to provide high-level investment opportunities within the alternative asset industry that generate tremendous returns on investment. Fortress was founded in 1998 in New York City, New York and quickly became more of the more respected and well-run investment firms specializing in alternative assets which include real estate, private equity, credit and other illiquid investment opportunities.

Fortress Investment Group was founded by five principal partners and is currently ran by Co-Chief Executive Officer, Wes Edens and Peter Briger who provide key intellectual leadership and analysis of alternative asset opportunities to provide a powerful and transcendent approach to investing within the asset category. Fortress Investment Group continues to expand their portfolio into various areas of investment with a particular specialty in distressed assets, underperforming assets, and various other specialty investment opportunities.

Fortress has an extremely vast and well-diversified portfolio of investments from around the globe. They are generating powerful returns on investment for their over 1750 individual and institutional clients from around the world. By continuing to expand their portfolio within the alternative asset category, Fortress Investment Group solidified once again its position as the leader in the specialty and subprime lending sector with the purchase of Colony American Finance and will continue to expand and exceed expectations as they continue to grow their portfolio and provide high levels of return on investment.

To Visit More :

Leave a Reply

You must be logged in to post a comment.