Granite Point Mortgage Trust Inc. Announces Closing of $825 Million Commercial Real Estate CLO – NEW YORK–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT) (the “Company”) announced today the closing of GPMT 2019-FL2, an $825.0 million managed Commercial Real Estate Collateralized.
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Interest rates on commercial loans are generally higher than on residential loans. Also, commercial real estate loans usually involve fees that add to the overall cost of the loan, including.
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