New York Mortgage Trust Inc is a company that invests in and manages mortgage-related and residential housing-related assets. It is classified as a real estate investment trust for federal income tax purposes.
The investments of the company include various types of properties such as multi-family properties, distressed residential assets, second mortgages, Agency RMBS, and other mortgage-related assets. Examples of multi-family properties are multi-family CMBS, preferred equity, and mezzanine loans given to multi-family property owners. The company also sources residential mortgage loans from distressed markets and deals in non-Agency RMBS.
The company has a diversified investment portfolio which is used to generate interest income as well as capital gains. The investments are chosen with the intention of creating stable distributions to its stockholders over time and across various economic cycles. It uses a combination of net interest margin and net realized capital gains to ensure this goal is met.
The company has a well-developed investment strategy that includes re-performing, bridging, and performing S&D loans. It also engages in preferred equity and joint venture equity investments as well as mezzanine loans to owners of multifamily properties.
New York Mortgage Trust Inc is committed to its investment policy and providing the best possible returns for stockholders. The company has an experienced and knowledgeable management team with a proven strategy for the acquisition, investment, financing, and management of mortgage-related assets. It continues to invest in sectors that show potential for future growth and development. With its commitment to financial stability and performance enhancement, New York Mortgage Trust Inc ensures reliable returns for its shareholders.