Centrifuge’s mortgage dashboard additionally exhibits there are 4 loans value $3.3 million late with fee in its REIF pool, which supplies capital to finance industrial actual property mortgages. Nevertheless, REIF Monetary Investments, which is an funding firm that focuses on industrial actual property acquisitions, mentioned in an e mail that every one loans had an possibility to increase with an extra 12 months, thus avoiding default. The agency added that it contacted Centrifuge to replace the dashboard.
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