Overview
Description
Chimera Investment Corporation is a real estate investment trust (REIT) primarily focused on investing in residential mortgage assets. Its principal activity involves managing a diversified portfolio that includes mortgage-backed securities, residential mortgage loans, and real estate-related securities. Chimera's core objective is to generate income through these investments, which it achieves by leveraging various financial strategies to optimize returns from interest rate differences. The company's assets are primarily concentrated in the residential mortgage sector, directly impacting housing markets and the financial ecosystem tied to real estate lending and borrowing. As a REIT, Chimera Investment Corporation plays a vital role in providing liquidity to the mortgage market while offering investors the ability to engage in the real estate sector through stock ownership. Established in 2007 and based in New York City, Chimera leverages its insights into financial markets and real estate trends to manage risks and capitalize on opportunities within its investment avenues. The corporation's operations are integral to offering stable income streams to investors by capitalizing on residential mortgage financing dynamics.
About
CEO
Mr. Phillip John Kardis II, Esq., J.D.
Employees
77
Address
630 Fifth Avenue
Suite 2400
New York, 10111, NY
United States
Suite 2400
New York, 10111, NY
United States
Phone
888 895 6557
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Mortgage
Country
United Kingdom
MIC code
XLON