Equity Overview
Price & Market Data
Price: $1.72
Daily Change: -$0.01 / 0.58%
Daily Range: $1.71 - $1.76
Market Cap: $81,809,472
Daily Volume: 170,323
Performance Metrics
1 Week: -14.43%
1 Month: -26.81%
3 Months: -36.53%
6 Months: -38.13%
1 Year: -41.89%
YTD: -28.33%
Company Details
Employees: 33
Sector: Finance
Industry: Real estate investment trusts
Country:
Details
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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.