Two Harbors Granite Point

Prior to joining the company he was lead counsel business operations at two harbors investment corp.

Two harbors granite point.

Granite point focuses primarily on directly originating investing in and managing senior floating rate commercial mortgage loans and other debt and debt like commercial real estate investments. New york may 24 2017 two harbors investment corp. Two a leading hybrid mortgage real estate investment trust today announced its intention to contribute its portfolio of commercial real estate assets to granite point mortgage trust inc. Granite point was formed by two harbors to continue and expand the commercial real estate lending business established by two harbors in 2015.

Nyse two beginning in 2014. As previously announced two harbors acquired 33 071 000 shares of granite point common stock par value 0 01 per share the granite point shares in exchange for contributing its portfolio of. Two harbors common stockholders who were entitled to take part in the stock dividend received 0 094765 shares of granite point common stock for each share of two harbors common stock outstanding on. Two harbors common stockholders will be entitled to receive approximately 0 095 shares of granite point common stock for each share of two harbors common stock held as of the record date subject to the liquidation of fractional shares for which stockholders will receive cash in lieu.

Two harbors common stockholders will be entitled to receive approximately 0 095 shares of granite point common stock for each share of two harbors common stock held as of the record date subject to the liquidation of fractional shares for which stockholders will receive cash in lieu. Granite point was formed by two harbors in order to continue and expand the commercial real estate lending business established by two harbors.