A director at Granite Point Mortgage Trust Inc bought 29,000 shares at 2.380USD and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last...
NEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (NYSE: GPMT) announced today the closing of GPMT 2018-FL1, an $826 million collateralized loan obligation ("CLO"), which financed 25 existing GPMT first mortgage loan investments. The CLO has an initial advance rate of approximately 80% and a weighted average interest rate at issuance of LIBOR + 1.27%. Proceeds from the CLO issuance were used to repay a portion of the outstanding balances on the company’s financing facilities and will also be used to fund new loan in...
NEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (NYSE: GPMT), a commercial real estate investment trust (REIT) focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments, today announced its financial results for the quarter ended March 31, 2018 and provided an update on its activities subsequent to quarter-end. A presentation containing first quarter 2018 highlights and a business update can be viewed at www.gp...
NEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (NYSE: GPMT), a commercial real estate investment trust (REIT) focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments, announced today that it will release financial results for the quarter ended March 31, 2018 after market close on May 9, 2018. The company will host a conference call to review the financial results on May 10, 2018, at 10:00 a.m. EST. ...
NEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (NYSE: GPMT), a commercial real estate investment trust (REIT) focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments, today declared a quarterly dividend of $0.38 per share of common stock for the first quarter of 2018. This dividend is payable on April 18, 2018 to common stockholders of record at the close of business on March 29, 2018. Granit...
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