Ugo Bizzarri, a Subsidiary Executive, disposed of 800 Common Shares on a direct ownership basis at a price of $8.750 on January 7th, 2021. The insider also disposed of 215,299 Common Shares on an indirect ownership basis for registered holder Timbercreek Equities Corp. at a price of $8.752 on January 7th, 2021. This represents a $1,891,297 divestment of the company's shares and an account share holdings change of -83.0%.
Timbercreek Financial is in the Corporate Financial Services Sub Industry Group under the Financials Sector.
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The Company provides shorter-duration, customized financing solutions to professional real estate investors. The Company invests in a portfolio of customized mortgage loans secured by commercial real estate, such as multi-residential, office and retail buildings located in urban markets across Canada.
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