The Yield Hunter Let's make some money and sleep well at night
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Anthracite Capital
A Financial REIT
Period End 9/30/2007
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Copyrights 2006-2007 SGM Publishing
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Anthracite Capital, Inc. operates as a real estate investment trust. It
invests in a portfolio of commercial mortgage-backed securities (CMBS),
multifamily and commercial mortgage loans, and other real estate related
assets in the United States and international markets. The company
focuses on acquiring pools of performing loans in the form of commercial
mortgage-backed securities (CMBS), issuing secured debt backed by
CMBS, and providing strategic capital for the commercial real estate
industry in the form of mezzanine loan financing. The company has
elected to be taxed as a REIT. It would not be subject to federal income
tax, provided it distributes at least 90% of its taxable income to its
shareholders. Anthracite Capital was founded in 1997 and is based in
New York, New York.