Replies to post #74529 on Savvy Trades and Investments

[researcher59]

GPMT +.23 to 6.70, thanks for posting that commercial mREIT data link - it certainly bodes well for decent Q2 results and more upside in the stock.

[researcher59]

ARI (9.55) is another commercial REIT that I own in addition to GPMT. It's much less leveraged at 1.6 debt/equity and declared a $0.35 quarterly dividend on 6/16 for a hefty yield of 14.7%.

For the month of April, 99% of interest payments were collected. They do have significant exposure in NYC (36%), so that's a potential negative.

It's currently trading at a 34% discount to book value of 14.52 after the CECL adjustment.

I look forward to seeing the Q2 earnings report due out on 7/30.

For more details check out their Q2 investor presentation -

https://www.apolloreit.com/~/media/Files/A/Apollo-Reit/documents/1q2020/first-quarter-2020-earnings-supplemental.pdf