Origen Financial Inc (ORGN) 0.1355 $ORGN
Origen Financial Announces Termination Of Letter Of Intent
PR Newswire - Mon Mar 30, 10:20AM CDT
Origen Financial, Inc. (Pink Sheets: ORGN), a real estate investment trust, announced that the Letter of Intent ("LOI"
between Origen and an affiliate of Mack Real Estate Group ("MREG", for a proposed transaction pursuant to which MREG and other third parties would have invested additional capital into Origen (as previously disclosed in Origen's press release dated January 20, 2015), has expired and the parties have mutually agreed not to pursue the transaction.
HAS Capital Acquires Interests in Structured ABS Financings and Manufactured Housing Assets
Marketwired - Fri Jan 30, 8:00AM CST
HAS Capital, LLC, a Chicago-based real estate investment and advisory firm, has acquired interests in select ABS structured financings and manufactured housing related assets from affiliates of Origen Financial, Inc. (OTC PINK: ORGN). The assets primarily consist of equity trust certificates issued in conjunction with 7 rated securitization trusts with a current underlying asset value of $412 million. HAS Capital, LLC co-invested with a leading credit oriented investment manager which holds a majority stake in the ownership entity. Origen Financial, Inc. is a real estate investment trust that managed securitized manufactured housing loan portfolios. The acquisition represents substantially all of Origen's current manufactured housing assets.
Origen Financial Announces Closing Of Asset Sale To GoldenTree And Entry Into Letter Of Intent
PR Newswire - Tue Jan 20, 8:00AM CST
Origen Financial, Inc. (Pink Sheets: ORGN), a real estate investment trust, announced that it completed the sale of substantially all of its assets to an affiliate of GoldenTree Asset Management LP. Gross proceeds to Origen were $47 million reduced by approximately $5.9 million of cash on hand from distributions that, under the asset purchase agreement, belongs to GoldenTree. Together with other cash on hand, Origen holds approximately $47.2 million in cash.
Origen Financial Announces Results Of Stockholder Vote
PR Newswire - Thu Nov 13, 3:00PM CST
Origen Financial, Inc. (Pink Sheets: ORGN) ("Origen" or the "Company", a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced, following a special meeting of stockholders, that its stockholders have approved the sale of substantially all of Origen's assets to an affiliate of GoldenTree Asset Management LP. Contingent upon the closing of the asset sale, Origen's stockholders also approved the subsequent liquidation and dissolution of Origen. Completion of the sale and subsequent dissolution is conditioned upon receipt of certain third-party consents, and certain other closing conditions customary for transactions of this type. Origen expects the asset sale to close prior to December 31, 2014.
Origen Financial Services Report On The Six Key Changes In The Pension Revolution
M2 - Fri Nov 07, 6:12AM CST
With six months to go until the biggest pensions changes in a generation, Origen Financial Services announce the six key changes taking effect from April 2015.
Origen Financial Announces Termination Of Letter Of Intent
PR Newswire - Mon Mar 30, 10:20AM CDT
Origen Financial, Inc. (Pink Sheets: ORGN), a real estate investment trust, announced that the Letter of Intent ("LOI"
between Origen and an affiliate of Mack Real Estate Group ("MREG", for a proposed transaction pursuant to which MREG and other third parties would have invested additional capital into Origen (as previously disclosed in Origen's press release dated January 20, 2015), has expired and the parties have mutually agreed not to pursue the transaction. HAS Capital Acquires Interests in Structured ABS Financings and Manufactured Housing Assets
Marketwired - Fri Jan 30, 8:00AM CST
HAS Capital, LLC, a Chicago-based real estate investment and advisory firm, has acquired interests in select ABS structured financings and manufactured housing related assets from affiliates of Origen Financial, Inc. (OTC PINK: ORGN). The assets primarily consist of equity trust certificates issued in conjunction with 7 rated securitization trusts with a current underlying asset value of $412 million. HAS Capital, LLC co-invested with a leading credit oriented investment manager which holds a majority stake in the ownership entity. Origen Financial, Inc. is a real estate investment trust that managed securitized manufactured housing loan portfolios. The acquisition represents substantially all of Origen's current manufactured housing assets.
Origen Financial Announces Closing Of Asset Sale To GoldenTree And Entry Into Letter Of Intent
PR Newswire - Tue Jan 20, 8:00AM CST
Origen Financial, Inc. (Pink Sheets: ORGN), a real estate investment trust, announced that it completed the sale of substantially all of its assets to an affiliate of GoldenTree Asset Management LP. Gross proceeds to Origen were $47 million reduced by approximately $5.9 million of cash on hand from distributions that, under the asset purchase agreement, belongs to GoldenTree. Together with other cash on hand, Origen holds approximately $47.2 million in cash.
Origen Financial Announces Results Of Stockholder Vote
PR Newswire - Thu Nov 13, 3:00PM CST
Origen Financial, Inc. (Pink Sheets: ORGN) ("Origen" or the "Company"
, a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced, following a special meeting of stockholders, that its stockholders have approved the sale of substantially all of Origen's assets to an affiliate of GoldenTree Asset Management LP. Contingent upon the closing of the asset sale, Origen's stockholders also approved the subsequent liquidation and dissolution of Origen. Completion of the sale and subsequent dissolution is conditioned upon receipt of certain third-party consents, and certain other closing conditions customary for transactions of this type. Origen expects the asset sale to close prior to December 31, 2014. Origen Financial Services Report On The Six Key Changes In The Pension Revolution
M2 - Fri Nov 07, 6:12AM CST
With six months to go until the biggest pensions changes in a generation, Origen Financial Services announce the six key changes taking effect from April 2015.
