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Granite Point Mortgage Trust Inc. (GPMT) stock declined over -5.91%, trading at $2.39 on NYSE, down from the previous close of $2.54. The stock opened at $2.46, fluctuating between $2.39 and $2.48 in the recent session.
Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
Employees | 33 |
Beta | 1.93 |
Sales or Revenue | $266.49M |
5Y Sales Change% | 1.932% |
Fiscal Year Ends | December |
Sector | Real Estate |
Industry | REIT - Mortgage |
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