Matt NippertBusiness Investigations Reporter·NZ Herald·19 Aug, 2026 03:49 AM3 mins to readSenior Trust lends on retirement villages such as Orewa Sands. Image / SuppliedSenior Trust lends on retirement villages such as Orewa Sands. Image / SuppliedA finance company specialising in making loans to retirement home developers, and subject to an investigation by the Financial Markets Authority, has written off nearly a quarter of its loan book. Accounts to March 2026 for Senior Trust Capital (STC), which had raised about $66 million from investors who bought
Senior Trust Capital investors face 16% haircut after $15.2m in loan impairments
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