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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Annaly Capital Management Inc | NYSE:NLY | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.2791 | 1.46% | 19.3491 | 19.56 | 19.215 | 19.40 | 3,081,352 | 01:00:00 |
Annaly Capital Management, Inc. (NYSE:NLY) (Annaly) today announced additions to its commercial real estate investment team. “We are excited to welcome such a seasoned team of commercial real estate investors with the addition of Jeff and his group,” commented Wellington Denahan, Annaly’s Chief Executive Officer.
“Our commercial real estate group continues to expand its reach,” said Kevin Keyes, Annaly’s President. “The addition of Jeff and his team broadens our institutional origination platform and strengthens our strategy to grow this aspect of our business.”
Commercial Real Estate Origination Team
Jeffrey J. Thompson will be joining Annaly from GE Capital Real Estate as part of Annaly’s commercial real estate origination team. Along with current Annaly executives Michael Quinn and Robert Restrick, Mr. Thompson will serve as a Co-Head of Annaly’s commercial real estate platform. Mr. Thompson has over 20 years of experience in commercial real estate, including most recently serving as Managing Director – Strategic Capital Group at GE Capital Real Estate where he was the leader of GE Capital Real Estate’s commercial real estate direct lending balance sheet program with a focus on institutional sponsors, operating partners and brokers across the U.S. Mr. Thompson has a B.A. from the University of Toronto.
Joining Annaly with Mr. Thompson are the following members of Mr. Thompson’s team from GE Capital Real Estate:
Other Information
Annaly’s principal business objective is to generate net income for distribution to its shareholders from its investments. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT). Annaly is managed and advised by Annaly Management Company LLC. Each of the individuals named in this release will be employed by Annaly Management Company LLC and provide services to Annaly pursuant to the management agreement between Annaly and Annaly Management Company LLC.
Annaly Capital Management, Inc.Investor Relations, 888-8Annalywww.annaly.com
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