Arbor's recent rapid dividend increases are the result of another savvy long-term bet paying off. This is a classic example of the benefit of investing alongside owner-operators like Ivan, Paul & Co. - they regularly peer past Wall Street's quarterly treadmill to made smart long-term decisions.
The newest example has already doubled the firm's value. It's the latest in a 35-year history of savvy "mini-pivots" that have made everyone involved with Arbor quite wealthy.
Ivan himself founded the firm in 1983 as a lender for single-family mortgages. True to its name, the company would actually send every new homeowner a tree when their loan closed!
In the 1990s, Arbor expanded its lending to multifamily and commercial properties. It found a "sweet spot" in loans between $1 and $5 million - too small for the big players, but plenty profitable for Arbor. It would eventually sell its residential business to Bank of America in the 1990s to focus exclusively on this perennially-underserved market.
Arbor has been named top small loan lender by partners (such as Freddie Mac and Fannie Mae) who have praised the firm for treating its small loans with the same importance as its large loans.
In 2013, Blackstone decided to make another bet – this time, on the commercial real estate market. It “spun off” Blackstone Mortgage Trust (BXMT) and raised $660 million in initial capital. I say “spinoff” in jest because unlike a typical case, where the new company is left to find its own way in the business world, BXMT remains under the loving care and management of Blackstone Real Estate. While BXMT itself now has $9.4 billion in assets and a market capitalization of $2.91 billion, it benefits from the expertise, clout and war chest of its parent company. A Simple, Safe & Profitable 4-Step Formula BXMT was created to fulfill one simple moneymaking mandate: To make low-risk senior loans for commercial real estate. Senior loans are typically secured by the borrower’s assets. In this case, the building itself serves as the collateral. And BXMT bakes in a sufficient buffer so that, even if the real estate market turns south, the borrower will never be underwater on his loan. (Think back to the housing crisis when many homeowners owed more on their loan than their house was worth – a recipe for them to walk away and exacerbate the ongoing crash!)
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Themenstarter Veröffentlicht : 16. Februar 2020 19:03
Für mein Trading-Depot trade ich vorwiegend Call und Put Optionen,also die einfachen Optionsstrategien.
Update Trading-Depot.
Ein sehr interessanter Wert ist JNUG, für PUT
Nach unten geht immer. Nur wann ??
Description
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 3X Shares is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of global region. The fund invests directly, through derivatives and through other funds in stocks of companies operating across materials, metals and mining, gold, silver sectors. The fund uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track 3x the daily performance of the MVIS Global Junior Gold Miners Index. Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 3X Shares was formed on October 3, 2013 and is domiciled in the United States.
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MVIS Global Junior Gold Miners Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes companies from markets that are freely investable to foreign investors, including "emerging markets," as that term is defined by the index provider. It is non-diversified.
