NYMT buys remaining interest in Constructive Loans in all-cash deal

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REIT real estate investment trust symbol. Concept words REIT real estate investment trust on the note on beautiful orange background. Business REIT real estate investment trust concept.

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New York Mortgage Trust (NASDAQ:NYMT) has purchased the remaining 50% ownership interest in Constructive Loans, LLC, a business purpose loan lender specializing in rental and transitional loans for real estate investors, it said on Tuesday.

The all-cash deal, completed through a

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