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1 Belvedere Place, Ste. 300 Mill Valley, CA 94941 CA Tel. 415-389-7373 Fax 415-381-1773 |
Type: Public
On the web:
http://www.redwoodtrust.com
Employees:
77
Employee growth: 14.9%
Redwood Trust, a real estate investment trust (REIT), is cultivating a forest of real estate mortgage assets. The REIT finances, manages, and invests in residential real estate mortgages and securities backed by such loans. It also invests in commercial real estate loans and securities. Redwood acquires assets throughout the US, but has a concentration of credit risk in California Florida, and Georgia, three of the markets hardest hit by the housing bust. Redwood Trust slowed loan origination, acquisition, and securitization during the recession, but picked up those activities in 2010.
Key numbers for fiscal year ending December, 2011:
Sales: $119.0M
One year growth: (59.5%)
Net income: $26.3M
Income growth: (76.1%)
Officers:
Chairman: George E. Bull III
President, CEO, and Director: Martin S. Hughes
EVP, COO and Chief Investment Officer: Brett D. Nicholas
Competitors:
Annaly Capital Management
Capstead Mortgage
iStar Financial Inc