Centrifuge’s loan dashboard also shows there are four loans worth $3.3 million late with payment in its REIF pool, which provides capital to finance commercial real estate mortgages. However, REIF Financial Investments, which is an investment company that focuses on commercial real estate acquisitions, said in an email that all loans had an option to extend with an additional 12 months, thus avoiding default. The firm added that it contacted Centrifuge to update the dashboard.
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Banking crisis pushed over $286B to money market funds in two...
The banking crisis has led many investors to rotate their portfolio investments in the past two weeks, sending over $286 billion into United States...