Apollo REIT To Pocket $250 Mln In Capital Raise
The recent secondary stock offering by Apollo Residential Mortgage, a mortgage real estate investment trust with a portfolio of $1.17 billion in agency residential mortgage-backed securities and $198.26 million in non-agency RMBS, points to a readiness on the part of mortgage REITs to take advantage of opportunities in the RMBS sector, according to market players.
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