Items Tagged with 'Capital Trust'


  • Mortgage REIT Insider: Dividends Dry Up

    The commercial real estate bust continues to take its toll, particularly for the New York-based commercial mortgage REITs. This week, three of the major commercial mREITs announced that realized taxable losses had all but eliminated their dividend requirements for the rest of the year. Arbor Realty Trust [stock ABR][/stock] cut its third-quarter dividend to just $0.24/share, a 61 percent reduction in its quarterly payout. That payout will be Arbor’s last dividend for 2008, as the company doesn’t plan to pay a fourth-quarter dividend.
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  • Mortgage REIT Insider: Agency mREITs Catch GSE Flu

    Dominating the mortgage REIT landscape this week were the persistent (bad) headlines about the insolvency and potential government bailout of Freddie Mac [stock FRE][/stock] and Fannie Mae [stock FNM][/stock]; HW readers are likely well aware of the issues here by now.
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  • Mortgage REIT Insider: Capital Trust Crashes

    The commercial mortgage REITs started the week behind the proverbial eight-ball, as Monday’s sour news from CapitalSource Inc. [stock CSE][/stock] and a harsh downgrade of Capital Trust, Inc. [stock CT][/stock] set the week’s tone for the sector. It was all downhill from there.
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