- CEO
- Thomas J. Durkin
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- 245 Park Avenue New York City NY United States of America 10167
- IPO Date
- Sep 13, 2019
- Business
- AG Mortgage Investment Trust, Inc. (NYSE: MITT-PC) operates as a residential mortgage real estate investment trust focused on investing in, acquiring, and managing a diversified portfolio of residential mortgage-related assets in the United States mortgage market; its core offerings include residential investments comprising newly originated non-agency loans, agency-eligible loans, home equity loans, re-performing and non-performing loans, non-agency residential mortgage-backed securities (RMBS), agency RMBS, commercial loans, commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS), obtained primarily through its residential mortgage originator Arc Home, LLC and third-party partners; business segments encompass Securities and Loans as well as Single-Family Rental Properties. The company, founded in 2011 and headquartered at 245 Park Avenue, 26th Floor, New York, NY, qualifies as a REIT for federal income tax purposes, distributing at least 90% of taxable income to stockholders to avoid corporate taxes, and is externally managed by AG REIT Management, LLC, an affiliate of TPG Angelo Gordon. Recent developments include the acquisition of an additional 21.4% interest in AG ARC LLC (owner of Arc Home) on August 1, 2025 from funds managed by TPG Angelo Gordon, increasing ownership to approximately 66% from 44.6%; sponsorship of a $647 million securitization of closed-end second lien home equity loans in July 2025 following replacement of high-cost debt on securitized loans from WMC; and ongoing expansion of the home equity portfolio alongside a strong pipeline of residential mortgage loan acquisitions and anticipated third-quarter 2025 securitizations.