Additionally, he is the Vice-Chairman of Two Harbors Investment Corporation, a NYSE-listed (TWO) residential mortgage REIT.
Up in Two Harbors, another liberal outpost, Mr. Franken picked up an additional 246 votes.
At last check, Two Harbors Investment Corp shares are currently trading up about 0.9% on the day.
Odd, because in the Two Harbors precinct, none of the other contests recorded any changes in their vote totals.
An affiliate of Pine River also serves as the external manager of Two Harbors Investment, a publicly traded REIT (TWO).
FORBES: Silver Bay Realty Trust Corp. Announces Proposed Public Offering
The editorial also casts a wary eye upon the 246 votes Mr. Franken "picked up" in the town of Two Harbors.
The report also cited the strong quarterly dividend history at Two Harbors Investment Corp, and favorable long-term multi-year growth rates in key fundamental data points.
FORBES: Why Two Harbors Investment Is a Top 10 REIT Stock With 9.23% Yield
Concurrently with the IPO, Silver Bay will engage in formation transactions through which it will acquire an initial portfolio of single-family residential properties from entities associated with Two Harbors and Provident in exchange for equity interests in Silver Bay.
FORBES: Silver Bay Realty Trust Corp. Announces Proposed Public Offering
Among the largest underlying components of IWN, in trading today Two Harbors Investment Corp ( NYSE: TWO) is up about 0.1%, Starwood Property Trust Inc. ( NYSE: STWD) is trading flat, and Cleco Corp. ( NYSE: CNL) is lower by about 0.5%.
Among the largest underlying components of IWN, in trading today Two Harbors Investment Corp ( NYSE: TWO) is down about 0.7%, Ocwen Financial Corp. ( NYSE: OCN) is trading flat, and Starwood Property Trust Inc. ( NYSE: STWD) is lower by about 3%.
Among the largest underlying components of IWN, in trading today Two Harbors Investment Corp ( NYSE: TWO) is up about 0.4%, Starwood Property Trust Inc. ( NYSE: STWD) is up about 0.6%, and Louisiana-Pacific Corp. ( NYSE: LPX) is higher by about 3.1%.
Among the largest underlying components of IWN, in trading today Starwood Property Trust Inc. ( NYSE: STWD) is off about 0.5%, Ocwen Financial Corp. ( NYSE: OCN) is up about 2.2%, and Two Harbors Investment Corp ( NYSE: TWO) is lower by about 0.2%.
Among the largest underlying components of IWN, in trading today Ocwen Financial Corp. ( NYSE: OCN) is off about 1.5%, Two Harbors Investment Corp ( NYSE: TWO) is down about 0.3%, and Starwood Property Trust Inc. ( NYSE: STWD) is lower by about 0.4%.
Among the largest underlying components of IWM, in trading today Ocwen Financial Corp. ( NYSE: OCN) is down about 0.7%, Two Harbors Investment Corp ( NYSE: TWO) is up about 0.1%, and Starwood Property Trust Inc. ( NYSE: STWD) is up by about 0.3%.
Among the largest underlying components of IWN, in trading today Ocwen Financial Corp. ( NYSE: OCN) is down about 0.4%, Two Harbors Investment Corp ( NYSE: TWO) is up about 0.6%, and Starwood Property Trust Inc. ( NYSE: STWD) is lower by about 0.1%.
Among the largest underlying components of IWN, in trading today Ocwen Financial Corp. ( NYSE: OCN) is off about 0.2%, Two Harbors Investment Corp ( NYSE: TWO) is off about 0.3%, and Starwood Property Trust Inc. ( NYSE: STWD) is lower by about 0.4%.
In addition, Silver Bay has entered into contribution and merger agreements through which it will acquire, concurrent with the closing of the offering, an initial portfolio of more than 3, 100 single-family residential properties through entities associated with Two Harbors Investment, a publicly traded REIT (TWO), and Provident Real Estate Advisors LLC, a private capital management firm, in exchange for equity interests in Silver Bay or its operating subsidiary, or cash.
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