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Terra Property Trust Reaffirms Plan to Merge with Western Asset Mortgage Capital

Terra Property Trust Reaffirms Plan to Merge with Western Asset Mortgage Capital

by Phil Hall | Jul 14, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Terra Property Trust Inc., a New York City-based real estate investment trust focused on commercial real estate, reaffirmed its commitment to merge with Western Asset Mortgage Capital Corp. (NYSE: WMC) after the latter received an unsolicited acquisition bid from...
AG Mortgage Investment Trust Makes Unsolicited Bid for Western Asset Mortgage Capital

AG Mortgage Investment Trust Makes Unsolicited Bid for Western Asset Mortgage Capital

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

AG Mortgage Investment Trust Inc. (NYSE: MITT) has made an unsolicited offer to acquire Western Asset Mortgage Capital Corp. (NYSE: WMC), which is already in merger talks with another real estate investment trust. In a letter to the Western Asset board of directors,...
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