Mortgage real estate investment trust (mREIT) that invests in residential mortgage loans, residential mortgage-backed securities (RMBS), and other real estate-related assets.
Chimera Investment Corporation functions as a real estate investment trust (REIT) specializing in the management of a diversified portfolio of mortgage assets within the United States. Operating through its subsidiaries, the company focuses on investing in various mortgage-backed securities, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, and agency mortgage-backed securities backed by pools of residential and commercial mortgage loans, alongside other related real estate securities. Chimera Investment Corporation has elected to operate as a REIT, ensuring favorable tax treatment by distributing a significant portion of its taxable income to shareholders.
In addition to its primary investments in residential and commercial mortgage assets, Chimera Investment Corporation diversifies its portfolio by investing in both investment-grade and non-investment-grade classes of securities. This strategic approach allows the company to optimize returns while managing risk across different segments of the mortgage market.
Founded in 2007 and headquartered in New York, New York, Chimera Investment Corporation leverages its extensive expertise in real estate finance to capitalize on market opportunities and deliver value to its shareholders. The company's robust investment strategy is underpinned by rigorous risk management practices and a commitment to maintaining a balanced and resilient portfolio in dynamic market conditions.
With a solid foundation and a proactive approach to asset management, Chimera Investment Corporation continues to play a pivotal role in the REIT sector, navigating complex financial landscapes to generate sustainable income and long-term value for its stakeholders.