Sutherland Asset Management Corp (SLD) Fund Company Profile

Description

Sutherland Asset Management Corporation operates as a commercial mortgage REIT that originates, acquires, finances, services, and manages small balance commercial loans (SBC) loans and small business administration loans. It also invests in asset-backed securities where the underlying pool of assets consists primarily of SBC loans and other real estate-related investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Sutherland Asset Management Corporation was founded in 2007 and is based in New York, New York.