GPMT

Granite Point Mortgage Trust Inc. (NYSE:GPMT) is a real estate investment trust (REIT) founded in 2015 and headquartered in New York. The company went public in June 2017 and specializes in commercial real estate lending, focusing on senior floating-rate commercial mortgage loans across the United States. Since its inception, GPMT has navigated through various market cycles, including the challenging commercial real estate environment that began in 2022 with rising interest rates and reduced market liquidity. The company currently operates with a loan portfolio of approximately $2 billion in commitments and has been in a strategic transition phase, focusing on resolving non-performing assets while preparing to return to active lending.