Redwood Trust and Oaktree Announce Joint Venture to Invest in Business Purpose Bridge Loans

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Jun 12, 2023

Redwood+Trust%2C+Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced the formal launch of a joint venture (“JV”) between Redwood and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to invest in business purpose bridge loans originated by CoreVest American Finance Lender (“CoreVest”), a division of Redwood.