CreXus Investment Corp. · New York, NY United States ·(NYSE: CXS)
Company Description
Phone: 212-696-0100
Fax: 212-696-9809
View CreXus Investment Corp. Locations On A US Map
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This link will open in a new window CreXus Investment is looking to put its money where other people do business. As a mortgage real estate investment trust (REIT), the company focuses on buying commercial real estate debt, mortgage-backed securites, and other commercial-related debt. Having recently filed an IPO in 2009, the company plans to build its commercial portfolio using capital raised from its shareholders; it also intends to invest in residential mortgage-backed securites and construction loans. CreXus is managed by Fixed Income Discount Advisory Company, a subsidiary of Annaly Capital Management . To read the full description, subscribe now.
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Key CreXus Investment Corp. Financials
| Company Type | Public - NYSE: CXS Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.1 |
| Employees | 2 |
CreXus Investment Corp. Executives
4 executives listed for CreXus Investment Corp.'s New York, NY location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Kevin Riordan | Network |
| CFO and Secretary | Daniel Wickey | Network |
| Head of Commercial Underwriting | Jeffrey Conti | Network |
Competition
Competitive Landscape for CreXus Investment Corp.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top CreXus Investment Corp. Competitors
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