Commercial Real Estate Direct Staff Report Granite Point Mortgage Trust helped facilitate the $103 million, or $225.38/sf, purchase of the Paseo retail property in Pasadena, Calif., by taking back a $77.3 million loan against the property. The New York mortgage REIT in 2018 had written a $114.1 million loan against the 457,000-square-foot property. At the time, […]

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