The Yield Hunter Let's make some money and sleep well at night
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Newcastle Investment
A Financial REIT
Period End 9/30/2007
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Copyrights 2006-2007 SGM Publishing
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Newcastle Investment Corp. operates as a real estate investment and
finance company that invests in and manages a portfolio consisting
primarily of real estate securities. The company's portfolio of real estate
securities includes commercial mortgage backed securities, senior
unsecured debt issued by property REITs, real estate related asset
backed securities, and agency residential mortgage backed securities.
Newcastle also owns interest in loans and pools of loans, including real
estate related loans, commercial mortgage loans, residential mortgage
loans, and manufactured housing loans. In addition, it owns interests in
operating real estate. The company is organized to qualify as a real
estate investment trust for U.S. federal income tax purposes. Newcastle
was founded in 1998 and is based in New York City.