Call Now! 866-464-3202
This is a custom template (Home Pages: Video Center Area - AUTO PLAY WITH MUTED SOUND) that is currently displayed on the following pages: * third column

Video Center

Webster Preferred Capital Corporation · Waterbury, CT United States ·(NASDAQ (GM): WBSTP)

Company Description

145 Bank St.
Waterbury, CT
06702
United States (Map)
Phone: 203-465-4366
Fax: 203-573-8688

    If you're grappling with the proper definition of a REIT, turn to Webster. A real estate investment trust (or REIT), Webster Preferred Capital invests in real estate mortgage assets, primarily Connecticut residential mortgage loans (both conforming and nonconforming) and mortgage-backed securities, typically those guaranteed by the federal government. Webster Preferred Capital is a wholly owned subsidiary of Webster Bank, the banking subsidiary of Webster Financial. The REIT buys all of its residential loans from Webster Bank; the bank also provides advisory and administrative services for Webster Preferred. To read the full description, subscribe now.

    Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!

    Key Webster Preferred Capital Corporation Financials

    Company TypePublic - NASDAQ (GM): WBSTP

    Single Location
    Fiscal Year-EndDecember
    Annual Sales (mil.)$19.4
    Employees3

    Webster Preferred Capital Corporation Executives

    7 executives listed for Webster Preferred Capital Corporation's Waterbury, CT location.
    TitleName & BioContact
    SVP, Chief Accounting Officer, and Assistant SecretaryGregory MadarNetwork
    President, DirectorJames SmithNetwork
    SVP, CFODouglas HartNetwork

    Competition

    Competitive Landscape for Webster Preferred Capital Corporation
    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 Webster Preferred Capital Corporation Competitors
    Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!