Crystal River Capital Inc

Crystal River Capital Inc - Crystal River Capital Inc(CRZ...

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Crystal River Capital Inc. (CRZ) – Mortgage Inv. Crystal River Capital, Inc., a specialty finance company, engages in the acquisition and origination of a portfolio of commercial and residential real estate structured finance investments. It primarily invests in residential mortgage-backed securities, commercial mortgage-backed securities, whole mortgage loans, bridge loans, B Notes, mezzanine loans, land loans, construction loans, and construction mezzanine loans. The company also invests in direct real estate interests and preferred equity interests in entities that own real estate and diversified asset-backed securities, including aircraft and consumer obligations, and collateralized debt obligations. It would also invest in high yield corporate bonds, investment grade corporate bonds, and related derivatives; government bonds and related derivatives; and other fixed income-related instruments. Hyperion Brookfield Crystal River Capital Advisors, LLC serves as the manager of the company. Crystal River Capital was formed in January 2005 and is based in New York, New York. 1 MANAGEMENT EFFECTIVENESS ROA The ROA of the stock is a bit low at .66%; however, while researching the ratio, we found that the ROA can vary substantially and is highly dependant on the industry. Since the industry is doing badly (many mortgage related investments have done poorly), we
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This note was uploaded on 04/08/2008 for the course MANAGEMENT 471 taught by Professor Can'tremember! during the Fall '07 term at New Mexico.

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Crystal River Capital Inc - Crystal River Capital Inc(CRZ...

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