Transaction will boost MFA's residential mortgage assets portfolio
MFA Financial, a real estate investment trust company, has announced that its acquisition of Lima One Holdings has been finalized.
According to its Press release, MFA now owns all outstanding ownership interests of Lima One Holdings, the parent company of private lending company Lima One Capital. MFA bought these ownership interests from certain members of Lima One’s management team.
Additionally, Lima One’s C-suite team has joined MFA and will continue to oversee Lima One’s operations from its headquarters in Greenville, SC.
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Since its founding in 2010, Lima One Capital has originated and serviced over $3 billion in business purpose loans for real estate investors. The addition of Lima One will boost MFA’s portfolio of residential whole loans and mortgage-backed securities.
