News


Otéra finalize the sale of its stake in CW Financial Services to Fortress Investment Group LLC



Montréal, September 2, 2010 -Otéra Capital announced today that it has finalized the sale of its U.S. subsidiary CW Financial Services for an undisclosed amount. This follows the August 2009 strategic decision to focus most of its commercial real estate debt on senior lending opportunities in Canada.

 

About Otéra Capital

Experts in commercial real estate debt

Otéra Capital, as principal lender, offers a full range of commercial real estate financing; our integrated approach covers both term and construction loans, together with loan servicing and asset management. Otéra is also capable of offering an extensive range of debts products including syndications and securitizations. We are a subsidiary of the Caisse de dépôt et placement du Québec, one of the leading institutional fund managers in Canada.

Source and information

 François Gaboury|Director Communications|Otéra Capital|(514) 847-5948|fgaboury@oteracapital.com