Granite Point Mortgage Trust (NYSE:GPMT), Inc. is a publicly traded real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns primarily through investments in commercial real estate debt. The company’s portfolio is composed of senior mortgages, subordinate mortgages, whole loan participations and tranches of commercial mortgage-backed securities (CMBS). With a floating-rate bias across its debt instruments, Granite Point seeks to capture income in varying interest-rate environments while emphasizing capital preservation and risk management.
Incorporated in 2018 and headquartered in New York City, Granite Point launched its initial public offering in 2019. The company’s external manager, Granite Point Mortgage Management LLC—an affiliate of Ares Management Corporation—brings extensive experience in structuring, underwriting and servicing commercial real estate debt. Granite Point deploys capital across a broad range of property types, including office, retail, industrial, multifamily and hospitality, with a focus on major gateway and high-growth secondary markets throughout the United States.
Granite Point’s investment strategy emphasizes diversification by geography, borrower and property type, aiming to mitigate volatility through active portfolio monitoring and stress testing. The firm employs a disciplined underwriting process, rigorous asset surveillance and risk committee oversight to manage credit exposures and duration. By combining proprietary market research with a network of lending and servicing relationships, Granite Point seeks to identify opportunities across the capital structure of commercial real estate transactions.
The company is governed by an independent board of directors whose members bring complementary expertise in real estate finance, banking and capital markets. Day-to-day operations are overseen by a senior management team with decades of experience in originating and managing commercial mortgage portfolios. Under this leadership, Granite Point continues to refine its credit selection framework and operational infrastructure while remaining committed to transparent governance and alignment of interests with shareholders.
