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More Mortgage REIT Consolidation Is On The Table
Monday, February 29, 2016 - 12:06pm | 308Following last week’s announced deal between Apollo Commercial Real Est. Finance Inc (NYSE: ARI) and Apollo Residential Mortgage Inc (NYSE: AMTG), FBR & Co analyst Daniel Atscher released a new report discussing the potential for further consolidation within the mortgage REIT space....
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Why Nomura Likes Annaly & American Capital Agency Right Now
Wednesday, August 12, 2015 - 7:32pm | 972Interest rate concerns appear to be overblown and already baked into the share prices for these two residential agency mREITs. On August 12, Nomura analyst Brock Vandervliet published a research report upgrading both Annaly Capital Management, Inc. (NYSE: NLY) and American Capital Agency Corp....
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Mortgage REIT Investors: What To Know From Blackstone's Latest Data
Wednesday, July 29, 2015 - 8:40am | 743Blackstone Mortgage Trust Inc (NYSE: BXMT) on Tuesday released its earnings presentation for the quarter ended June 30, 2015 after the market closed. Blackstone Mortgage is a commercial mREIT externally managed by Blackstone Group LP (NYSE: BX), and therefore stands to benefit from the deal...
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Bank of America: Blackstone Mortgage Trust Now A 'Buy' On Valuation & Deal Pipeline
Tuesday, June 23, 2015 - 9:24am | 777On June 22, Bank of America/Merrill Lynch analyst Kenneth Bruce published a research note upgrading commercial mREIT Blackstone Mortgage Trust Inc (NYSE: BXMT) from Neutral to Buy. BXMT is externally managed by Blackstone Group LP (NYSE: BX), the largest U.S. publicly traded alternative asset...
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Wunderlich Mortgage REIT Update: 5 Big Moves Since April
Tuesday, June 23, 2015 - 8:25am | 841On June 22, Wunderlich Securities analyst Merrill Ross published a research update on 13 mREITs under coverage by the firm. Overall, Ross is not a fan of the sector right now, giving mREITs an Underweight recommendation, noting "a dim look for multiple expansion," and mREIT dividends...
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IPO Preview: Jernigan Capital mREIT Banks On Self-Storage
Wednesday, March 25, 2015 - 2:22pm | 733On March 26, a new commercial mortgage REIT (mREIT) Jernigan Capital Inc (NYSE: JCAP) is expected to make its IPO debut on the NYSE under ticker symbol JCAP. The JCAP IPO has initially been filed for five million shares, with an underwriters expected price range of $19 - $21 per share, raising ~$...