New York Mortgage Trust Acquires Remaining Interest in Constructive Loans

New York Mortgage Trust (NYSE: NYMT) acquired the remaining 50% interest in Constructive Loans in an all-cash transaction, bringing Constructive wholly under NYMT ownership while preserving its independent subsidiary operations and leadership. The deal strengthens NYMT’s origination capabilities and recurring income profile by integrating Constructive’s proprietary origination channels and distribution network focused on business-purpose loans for residential real estate investors.