UNIONDALE, N.Y., March 16, 2023 ACRES Capital Corp., a nationwide commercial real estate middle-market lender along with ACRES Commercial Realty Corp. (ACR), a REIT which is externally managed by a subsidiary of ACRES Capital Corp., announced its partnership with Project Destined.
Clipper Realty Inc. (CLPR), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended December 31, 2022.
Trading below book value and paying a dividend are two key characteristics of a value stock, and these three real estate investment trusts qualify: Dynex Capital Inc., Hersha Hospitality Trust and RPT Realty may be worth a closer look for investors seeking those qualities.
MetLife Investment Management, the institutional asset management business of MetLife, Inc. (MET), announced today that it originated $4.0 billion in agricultural mortgage loans across over 400 notes in 2022.
Annaly Capital Management, Inc. (NLY) announced today that the Board of Directors of the Company has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023. We are thrilled to appoint Martin to our Board and as a member of our Audit and Corporate Responsibility Committees, said Michael Haylon, Chair of Annalys Board of Directors.
Ladder Capital Corp (LADR) today announced the declaration by its Board of Directors of a first quarter 2023 dividend of $0.23 per share of Class A common stock. About Ladder Ladder Capital Corp (LADR) is an internally-managed commercial real estate investment trust with $6.0 billion of assets as of December 31, 2022.
AG Mortgage Investment Trust, Inc. (MITT/PA) announced that its Board of Directors has declared a dividend of $0.18 per common share for the first quarter 2023. About AG Mortgage Investment Trust, Inc. (MITT/PA) AG Mortgage Investment Trust, Inc. (MITT/PA) is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market.
Last week was brutal for Wall Street and in particular for real estate investment trusts, as hawkish verbiage by Federal Reserve Chair Jerome Powell and two major bank failures led to massive sell-offs in the major indices. Over the past few weeks, several REITs have benefited from price target hikes by analysts but without lifts in previous analyst positions -- until now.
PennyMac Mortgage Investment Trust (PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the first quarter of 2023. About PennyMac Mortgage Investment Trust (PMT) PennyMac Mortgage Investment Trust (PMT) is a mortgage real estate investment trust that invests primarily in residential mortgage loans and mortgage-related assets.
Chicago Atlantic Real Estate Finance, Inc. (REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the first quarter of 2023.
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