Q4 2024 Timbercreek Financial Corp Earnings Call Transcript

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Feb 27, 2025

Feb 26, 2025 / 06:00PM GMT
Operator

Recording in progress. Ladies and gentlemen, welcome to Timbercreek Financial's fourth quarter earnings call. (Operator Instructions). I would now like to turn the meeting over to Blair Tamblyn. Please go ahead.

R. Blair Tamblyn - Timbercreek Financial Corp - Chairman of the Board, Chief Executive Officer

Thank you, operator. Good afternoon, everyone. Thanks for joining us to discuss the fourth quarter financial results. I'm joined as usual by Scott Rowland, CIO, Tracy Johnston, CFO, and Geoff McTait, Head of Canadian Originations and Global Syndications. During 2024, we saw most commercial real estate asset classes emerging from a challenging post-pandemic environment, resulting in a significant improvement in the company's business fundamentals.

In recent quarters, we've been anticipating that additional rate cuts will strengthen market conditions and drive increased financing opportunities. And we're seeing that play out. We ended the year with strong fourth quarter originations, allowing us to grow the portfolio materially over the prior year to

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