On October 30th 2019, Exantas Capital Corporation reported results for the three and nine months ended September 30, 2019.
Some significant items that were highlighted are the Core Earnings were $0.31 per common share, they acquired $105.1 million and $739,1 million of new commercial real estate loans, and their economic book value is up $13.71 per common share from $13.63. In addition, Core Earnings were $0.31 per common share-diluted and $0.84 per common share-diluted for the three and nine months. Common stock cash dividends of $0.25 and $0.675 per share were declared and have been paid for the three and nine months. Exantas Capital CorpC-III Capital Partners is a fully-diversified asset management and commercial real estate services company.
Lead by Andrew Farkas, Exantas Capital Corp. is externally managed by Exantas Capital Manager Inc., an indirect wholly-owned subsidiary of C-III Capital Partners. C-III is an investment management and commercial real estate services company of which Andrew Farkas is the CEO and Chairman.