News

Published on 20 Mar 2024 on Bloomberg via Yahoo Finance

Real Estate Pain Is Showing Up in an Obscure Investment Product


Article preview image

(Bloomberg) -- An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures.

Most Read from Bloomberg

Trump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesNvidia Looks to Extend AI Dominance With New Blackwell ChipsUltra-Wealthy Are Souring on Chicago’s Most Elite NeighborhoodWhat Happens If Trump Can’t Post His $454 Million Bond

NASDAQ.NYMT price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges

(Bloomberg) -- Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling...

Bloomberg via Yahoo Finance 24 Apr 2024

Earnings call: Dynex Capital Q1 2024 results show solid economic return

Dynex Capital, Inc. (NYSE: NYSE: DX ) has reported a robust first quarter in 2024, with a total...

Investing.com 22 Apr 2024

ASHFORD HOSPITALITY TRUST ANNOUNCES CEO SUCCESSION PLAN

Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced th...

Benton Courier 18 Apr 2024

New York State Teachers Retirement System Sells 1,247 Shares of TrustCo Bank Corp NY (NASDAQ:TRST)

New York State Teachers Retirement System cut its holdings in TrustCo Bank Corp NY (NASDAQ:TRST –...

ETF DAILY NEWS 18 Apr 2024

15 Best Monthly Dividend Stocks To Buy Right Now

In this article, we discuss 15 best monthly dividend stocks to buy right now. You can skip our de...

Insider Monkey via Yahoo Finance 16 Apr 2024

Real Estate Sales Include City Plaza, Kiantone Warehouse

Third St., Jamestown to Cypress Creek, LLC of Lakewood for $260,000. In this shopping plaza are...

The Post-Journal 13 Apr 2024

New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments

New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments

Investing.com 12 Apr 2024

Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction...

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX; the Company), a real estate investment tr...

Investing.com 10 Apr 2024

Genesis Capital Closes Largest Ever Rated Residential Transition Loan Securitization By...

Genesis Capital Closes Largest Ever Rated Residential Transition Loan Securitization

Investing.com 9 Apr 2024

Doctors Making $350,000 Are Struggling to Find Long Island Homes

(Bloomberg) -- Paul Connor has plenty of hurdles when it comes to helping run Stony Brook’s Easte...

Bloomberg via Yahoo Finance 8 Apr 2024