Dallas-based ORIX USA Corporation (ORIX) is proud to announce that it has reaffirmed its commitment to RED Capital Group, LLC (RED) by purchasing the minority interests in RED that it did not already own. On Feb. 22, 2016, ORIX USA’s ownership of RED grew from 88% to 100%, underlying the importance of the relationship, which dates back to ORIX’s original investment in 2010.

“Increasing ORIX’s investment in RED has been a strategic objective of mine for the last few years, as I have seen firsthand the strength of the RED team and their platform,” said Hideto Nishitani, Chairman, President, and CEO of ORIX USA. “This is an attractive investment opportunity and signals ORIX’s belief in the strength of the multifamily, seniors housing and affordable housing markets.”

RED’s executive management team will remain in place and continue to operate RED as an independent entity based in Columbus, Ohio.

“I am extremely excited about ORIX furthering their commitment to our business,” said Ted Meylor, Chairman and CEO of RED. “With this investment, RED is well-positioned for strategic growth. This transaction—combined with the addition of the Freddie Mac Small Balance Loan Seller/Servicer program, as well as adding several high-performing originators to the team—has given us tremendous momentum as we look to push to the next level in our industry.”