{"id":15468,"date":"2025-08-04T12:12:55","date_gmt":"2025-08-04T17:12:55","guid":{"rendered":"https:\/\/1reason.com\/re\/new-york-mortgage-trust-inc-acquires-remaining-interest-in-constructive-loans-llc-advancing-nymts-business-purpose-lending-strategy\/15468\/"},"modified":"2025-08-05T07:12:56","modified_gmt":"2025-08-05T12:12:56","slug":"new-york-mortgage-trust-inc-acquires-remaining-interest-in-constructive-loans-llc-advancing-nymts-business-purpose-lending-strategy","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/new-york-mortgage-trust-inc-acquires-remaining-interest-in-constructive-loans-llc-advancing-nymts-business-purpose-lending-strategy\/15468\/","title":{"rendered":"New York Mortgage Trust, Inc. Acquires Remaining Interest in Constructive Loans, LLC, Advancing NYMT\u2019s Business Purpose Lending Strategy"},"content":{"rendered":"
This all-cash transaction, completed through a wholly owned subsidiary of the Company, represents a significant milestone in the Company\u2019s ongoing strategy to diversify and scale its recurring earnings through the inclusion of a top operating platform. <\/p>\n

This acquisition builds on the Company\u2019s initial strategic investment in Constructive in 2021 and reflects the Company\u2019s belief in Constructive\u2019s growth potential and value to the residential credit market. This transaction will bolster the Company\u2019s access to Constructive\u2019s proprietary origination channels and broad third-party distribution network.<\/p>\n

Constructive has demonstrated solid profitability and performance since its founding in 2017. Over the last twelve months ended June 30, 2025, Constructive has originated more than $1.7 billion of business purpose loans. Constructive will operate as an independent subsidiary of the Company with its experienced leadership team remaining in place.<\/p>\n

\u201cWe are excited to take the next steps in our partnership with the talented team at Constructive. We believe that the acquisition of Constructive represents a step forward towards raising and diversifying the Company\u2019s recurring income,\u201d said Jason Serrano, CEO of the Company. \u201cThis transaction appreciably expands NYMT\u2019s presence within the residential credit markets and supports our core strategy of investing in business purpose loans.\u201d<\/p>\n

Nicholas Mah, President of the Company, added: \u201cWe are pleased to welcome the Constructive team to NYMT. Constructive has demonstrated an ability to maintain solid loan performance while expanding origination volume, and we believe that Constructive is well positioned to meet the growing financing needs of the single-family investor community. With a shared philosophy of strong credit underwriting, we are excited to build on this success.\u201d<\/p>\n

\u201cSince our founding, Constructive has provided reliable and competitive capital to residential real estate investors,\u201d said Ben Fertig, President of Constructive, \u201cWe are thrilled to join NYMT with their residential mortgage credit expertise and deep capital market presence. We are excited to work together to bring the next level of growth in our origination of high-quality business purpose loans, and to further elevate the value we can deliver to Constructive\u2019s clients.\u201d<\/p>\n

BTIG, LLC served as exclusive financial advisor. Mayer Brown LLP served asM&A counsel, and Vinson & Elkins LLP acted as tax and employment counsel to the Company in connection with the transaction.<\/p>\n

About New York Mortgage Trust<\/strong>
New York Mortgage Trust, Inc. is an internally managed real estate investment trust in the business of acquiring, investing in, financing and managing primarily mortgage-related residential assets.<\/p>\n

About Constructive Loans, LLC<\/strong>
Constructive Loans, LLC is a leading business purpose loan lender specializing in rental and transitional loans for real estate investors. Constructive is currently headquartered in Oakbrook Terrace, Illinois and has 165 employees. Constructive operates in 48 states and D.C. Constructive was named the NPLA Conference Private Lender of the Year in 2024.<\/p>\n

Forward-Looking Statements
<\/strong>This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements involve numerous risks and uncertainties. The Company\u2019s actual results may differ from the Company\u2019s beliefs, expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as \u201canticipate,\u201d \u201cestimate,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cseek,\u201d \u201cplan\u201d and similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on the Company\u2019s beliefs, assumptions and expectations of the Company\u2019s future performance, taking into account information currently available to the Company. Statements related to the Company\u2019s anticipated benefits from the transaction; Constructive\u2019s integration with the Company; the subsequent performance of the integrated companies; Constructive\u2019s growth potential, positioning to meet financing needs and ability to deliver value; and lending markets in general are forward-looking statements. No assurance can be given that the Company will be able to realize the anticipated benefits of the transaction or successfully integrate Constructive or that Constructive will be able to grow, meet financing needs or deliver value. These forward-looking statements are subject to risks and uncertainties, including, without limitation, market conditions and those described under the heading \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 under \u201cItem 1A. Risk Factors\u201d and the Company\u2019s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 under \u201cItem 1A. Risk Factors.\u201d Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected may be described from time to time in reports the Company files with the SEC, including reports on Forms 10-Q and 8-K. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.<\/p>\n

For Further Information<\/strong><\/p>\n\n\n\n\n\n\n
CONTACT:<\/td>\nAT THE COMPANY<\/td>\n<\/tr>\n
\nInvestor Relations<\/td>\n<\/tr>\n
\nPhone: 212-792-0107<\/td>\n<\/tr>\n
\nEmail: InvestorRelations@nymtrust.com<\/u><\/td>\n<\/tr>\n
\n<\/tr>\n<\/table>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

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NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the \u201cCompany\u201d) today announced that it has acquired the remaining 50% ownership interest in Constructive Loans, LLC (\u201cConstructive\u201d), a leading originator in business purpose loans for residential real estate investors.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/15468"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=15468"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/15468\/revisions"}],"predecessor-version":[{"id":15477,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/15468\/revisions\/15477"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=15468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=15468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=15468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}