New York Mortgage Trust Inc. (NKZ0)

Profile

https://www.adamasreit.com

Adamas Trust, Inc. is an internally managed real estate investment trust (REIT) that acquires, invests in, finances, and manages primarily mortgage-related single-family and multi-family residential assets. Its portfolio includes residential loans such as business purpose loans, structured multifamily property investments like preferred equity and mezzanine loans, Agency and non-Agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other credit-related assets. The REIT also provides third-party asset management services and acquires distressed multifamily notes, including performing and non-performing loans and real estate owned (REO) properties. Adamas Trust, Inc. focuses on delivering stable distributions to stockholders through a combination of net interest spread and capital gains from a diversified portfolio that balances interest rate and credit risks across various economic conditions. Founded in 2003 and headquartered in New York, New York, it plays a key role in providing private capital to the U.S. housing market, particularly in credit-sensitive residential sectors.