Slate Asset Management announced it plans to deploy up to $500 million of transitional capital to the Canadian real estate industry, especially to those impacted by the market disruptions due to COVID-19.
The new offering is a blend of credit and structured equity. The special situations offering includes: bridge and transitional lending solutions; acquisition and restructuring of loans; and flexible liquidity solutions.
With over $6.5 billion in assets under management, Slate has positioned itself as a value-oriented manager and a significant sponsor of all of its private and publicly traded investment vehicles . . .
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