RFA Financial Inc.: management transactions · Canada · SEDI

About RFA Financial Inc.

RFA Financial Inc. (TSX: RFA) is a Canadian financial services company listed on the TSX/TSXV market in Canada, created through the combination of RFA Capital Holdings Inc. and Artis REIT, which closed in February 2026. For investors, the company represents a hybrid platform that brings together a federally regulated Schedule I bank, residential mortgage origination and lending, and a real estate investment/asset-management component. That mix gives RFA a differentiated profile in the Canadian market, sitting between specialty finance and real estate-backed investing. ([newswire.ca](https://www.newswire.ca/news-releases/artis-and-rfa-capital-complete-arrangement-transaction-812810339.html)) RFA traces its roots to 1996 and is based in Toronto, Ontario. It began as a Canadian-owned real estate investment firm focused on commercial and asset-management activities, with exposure to debt financing transactions, REITs, and direct investments across office, retail, industrial and multifamily residential properties. Over time, the group expanded into residential lending in 2018 and then accelerated that strategy with the acquisition of Street Capital Bank of Canada in 2019, building presence in both Prime and Alternative lending segments. Its head office is located at 145 King Street in Toronto, reinforcing its domestic focus and Canadian operating footprint. ([rfa.ca](https://rfa.ca/about)) The core business today is anchored by RFA Bank of Canada and RFA Mortgage Corporation, which operate the group’s residential mortgage lending platform. RFA Bank of Canada is a federally regulated Schedule I bank and a member of the CDIC, while the mortgage platform serves borrowers and broker partners through residential mortgage products and related servicing. The bank also offers GICs through a network of CIRO-regulated deposit dealers. Alongside the lending businesses, RFA retains a real estate and asset-management orientation, with exposure to commercial and residential real estate assets. ([rfa.ca](https://rfa.ca/about)) In competitive terms, RFA Financial stands out as a specialist rather than a universal financial institution. Its positioning is built on three pillars: a regulated bank platform, a mortgage origination engine, and real-estate-backed investment expertise. That combination can be attractive in Canada because it allows the group to serve borrowers across different credit profiles while maintaining a disciplined underwriting approach and a tangible-asset perspective. Compared with larger banks, RFA is smaller and more focused; compared with non-bank lenders, it benefits from a bank charter and deposit capabilities. ([newswire.ca](https://www.newswire.ca/news-releases/artis-real-estate-investment-trust-and-rfa-capital-rfa-agree-to-combine-to-form-rfa-financial-through-a-share-exchange-transaction-810574245.html)) Recent milestones have been material. The Artis transaction transformed RFA into a public issuer and brought the common shares to the TSX under ticker RFA, with preferred shares also listed. In February 2026, RFA announced qualification to trade on OTCQX in the U.S., expanding access for American investors. The latest press flow also points to ongoing strategic execution and integration following the combination, which should remain a key watchpoint for investors assessing scale, profitability mix, and capital allocation over time. Overall, RFA Financial is best viewed as a Canadian real-estate-linked financial services platform with a bank-led operating model and a growing public-market profile. ([newswire.ca](https://www.newswire.ca/news-releases/artis-and-rfa-capital-complete-arrangement-transaction-812810339.html))