NewzNEW YORK (AP) — NEW YORK (AP) — TPG Mortgage Investment Trust, Inc. (MITT) on Monday reported net income of $14.3 million in its second quarter. The New York-based company said it had profit of 29 cents per share.
Earnings, adjusted for non-recurring gains, came to 24 cents per share. The real estate investment trust posted revenue of $124.2 million in the period. Its adjusted revenue was $20.2 million.
_____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MITT at https://www.zacks.com/ap/MITT Source (AP) — Cherry Hill Mortgage Investment Corp.
(CHMI) on Monday reported profit of $3.7 million in its second quarter. The Tinton Falls, New Jersey-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring costs, were 15 cents per share.
The residential real estate finance company posted revenue of $14.7 million in the period. Its adjusted revenue was $4.7 million. Access a Zacks stock report on CHMI at https://www.zacks.com/ap/CHMI Source
(AP) — JBG Smith Properties (JBGS) on Monday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $10.4 million, or 18 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
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