ABR - Mispriced 8.5% REIT Preferred Bargain With Special Interest Rate Protection Ex-Dividend Soon From Exantas
Co-produced with Preferred Stock Trader for High Dividend Opportunities.
Introduction
Exantas Capital Corporation (XAN) is a commercial mortgage REIT. XAN is managed by C-III Capital Partners. The investment strategy of XAN is primarily focused on originating, holding and managing commercial mortgage loans and commercial real estate-related debt investments. This article focuses on the XAN-C preferred stock, making the case that this preferred stock is a gem regardless of the interest rate environment, and very undervalued (mispriced) relative to other commercial mortgage REITs.
Exantas Capital Corporation Preferred C Stock (XAN.PC)
- The