News from Sutherland Asset Management Corporation:
Common Stock; REIT to Invest in Small-Balance Commercial Loan Assets
NEW YORK, Feb. 13, 2014 /PRNewswire/ — Sutherland Asset Management Corporation ("Sutherland") completed a $226 million private offering of common stock, which included a 15% over allotment option, in December 2013. Sutherland is a real estate finance company that acquires and originates small-balance commercial loans ("SBC loans") nationwide. Sutherland plans to use the net proceeds from […]