New York Mortgage Trust Closes Public Offering of Common Stock
Vinson & Elkins advised New York Mortgage Trust, Inc. in connection with its $107.3 million underwritten public offering of its common stock. The offering closed on May 13, 2019.
NYMT is an internally managed REIT in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets and targets multi-family CMBS, direct financing to owners of multi-family properties through preferred equity and mezzanine loan investments, residential mortgage loans (including distressed residential mortgage loans, non-QM loans, second mortgage loans and other residential mortgage loans), non-Agency RMBS, Agency RMBS and other mortgage-related and residential housing-related investments.
The V&E team was led by partner Chris Green
with assistance from associates Dylan Coons
, Erin Walsh
and David Choi
and senior associate Doug Lionberger
. The tax team included partner Chris Mangin
and associates Paige Anderson
and Christina McLeod