Source: Granite Point Q3 Earnings Report
We've followed Granite Point Mortgage Trust (GPMT) since its initial public offering in mid-2017. The firm is just now solidifying a meaningful track record. For those new to the company, here's a quick description in its own words:
Granite Point Mortgage Trust Inc. 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.
We are a long-term, fundamental value-oriented investor. We construct our investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting,