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Sutherland Asset Management postpones $125 million IPO

SLD

Sutherland Asset Management, a REIT that acquires, originates, manages and services small balance commercial (SBC) loans, postponed its IPO on Thursday citing poor market conditions. The externally-managed REIT was planning to raise $125 million by offering 8.1...read more

Week ahead: 2015 IPO market kicks off with three finance companies

SLD

The 2015 IPO market kicks off with three finance companies including a mortgage REIT, an insurance service company and a Wisconsin dairy-focused bank. Financial offerings averaged three per month in 2014 and averaged 2% on the first day and 0.4% thereon....read more

The first IPOs of 2015: Three financial firms rejoin the IPO calendar

The 2015 IPO market kicks off with three financial firms, including two REITs and an insurance broker. All three had previously attempted to go public. Mortgage REIT Sutherland Asset Management is set to raise...read more

First IPO on 2015 calendar: REIT Sutherland Asset Management sets terms for $125 million IPO

SLD

Sutherland Asset Management, a REIT managed by Waterfall Asset Management focused on commercial loans and MBS, announced terms for its IPO on Tuesday. The New York, NY-based company plans to raise $125 million by offering 8.1 million shares (25% insider) at a...read more