Fortune International and two m2e clients, Related team with Lennar subsidiary to launch lending firm - m2e ...

Fortune International and two m2e clients, Related team with Lennar subsidiary to launch lending firm

  • Posted by: m2e Team
  • Category: Uncategorized

Miami-based Fortune International Group has teamed with Rialto Capital Management, a subsidiary of Lennar Corp. (NYSE: LEN), to form a private bridge lending firm.

Vaster Capital will focus on providing bridge loans on both residential and commercial real estate in South Florida, including for foreign nationals. Fortune and Related said Vaster Capital could close loans much faster than other lenders because of less bureaucracy and the use of technology.
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Author: m2e Team

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