Velocity Enters into Agreements to Acquire Toorak’s Operating Platform and Manage Toorak’s $3 Billion Business-Purpose Loan Portfolio - Business Wire

Velocity Enters into Agreements to Acquire Toorak’s Operating Platform and Manage Toorak’s $3 Billion Business-Purpose Loan Portfolio

Velocity has entered into agreements to acquire Toorak's operating platform and manage its $3 billion business-purpose loan portfolio.

"This acquisition is a strategic move by Velocity to..." (as previously mentioned, this is a direct quote and remains unchanged)

Business Wire reports that the deal underscores Velocity's commitment to revolutionizing the financial landscape.