KKR-Backed Toorak Provides 'Fix & Flip' Loans to Healthy Housing Market
Updated: Feb 21, 2020
On "Bloomberg Money Undercover", Bloomberg's Lisa Abramowicz talks with John Beacham, CEO of Toorak Capital Partners, which has a portfolio of short-term loans made to real estate investors that buy, fix up and resell homes. They discuss the so-called flip loans the firm buys from regional and online lenders.
You can view the full interview here: https://www.bloomberg.com/news/videos/2020-02-19/kkr-backed-toorak-provides-fix-flip-loans-to-healthy-housing-market-video