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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Hunter’s Corner
5 mins to read

Some numbers don’t add up at Senior Trust

ANALYSIS: The lender’s glib statements on loan repayments mask a more awkward reality.

Loans to the Roy’s Bay Estate development in Wanaka led to a mortgagee sale.

Tim Hunter Fri, 29 Jul 2022

How’s this for an investment offer? A modest interest rate return, high related party exposure, no right to sell or redeem – oh, and the underlying asset is a highly concentrated portfolio of property development loans.

You would think the average sane investor would regard a barge pole’s

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Tim Hunter Fri, 29 Jul 2022
Contact the Writer: thunter@nbr.co.nz
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Some numbers don’t add up at Senior Trust
Hunter’s Corner,
95037
true