CV Holdings, Inc. Announces NPL Portfolio Acquisition JV and Preferred Equity Investment with Real Estate Private Equity Firm

October 13, 2014

Newport Beach, CA. October 13, 2014 /PRNewswire/ -- CV Holdings, Inc. (Other OTC: CVHL) today reported that it has entered into a joint venture (“JV”) with a prominent real estate private equity firm (the “Investor”), pursuant to which the JV will manage an initial $50MM of capital for the purpose of acquiring portfolios of non performing residential loans (NPLs), which have been the core business of the Company. The JV is a non-discretionary commitment to be funded on a deal by deal basis as NPL transactions are acquired. Read More