Dechert Advises Cardinal Capital Group on Inaugural Residential Transition Loan Securitization

"Dechert advised Cardinal Capital Group on the closing of its first residential transition loan (RTL) securitization, backed by US$130 million in collateral. The offering drew strong investor demand and includes a two-year revolving period to allow reinvestment of loan payoffs and continued scaling of originations. Dechert previously advised Toorak Capital Partners on a landmark rated RTL securitization."

Dechert represented Cardinal Capital Group in the closing of the company's inaugural residential transition loan (RTL) securitization. The securitization was backed by US$130 million of collateral and generated strong investor participation, underscoring Cardinal’s track record for disciplined underwriting, quality collateral and consistent performance. The transaction includes a two-year revolving period that enables Cardinal to reinvest loan payoffs and continue scaling originations. Dechert previously advised Toorak Capital Partners on the first-ever rated RTL securitization, a groundbreaking transaction that received industry recognition. Dechert represented Cardinal Capital Group with a team composed by: global finance partners Ralph R. Mazzeo and Linda Ann Bartosch.

Dechert Advises Cardinal Capital Group on Inaugural Residential Transition Loan Securitization

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