Ellington Residential Mortgage REIT Closes Public Offering of Common Shares
Vinson & Elkins advised Ellington Residential Mortgage REIT (the “Company”) in connection with a public offering of 3,250,000 common shares at a price to the public of $13.20 per share, which consists of 575,000 shares to be sold by the Company and 2,675,000 shares to be sold by a selling shareholder, Blackstone Tactical Opportunities EARN Holdings L.L.C.
The V&E corporate team was led by partners Daniel LeBey and Chris Green, with assistance from senior associate Zach Swartz, associate Bekah Briggs and senior staff attorney Ashton Harris.
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