Granite Point Mortgage's Improved Liquidity Brings Its 10% Yielding Preferreds Into Focus

Group 1 - Granite Point Mortgage Trust (NYSE: GPMT) has experienced a challenging year, with its common equity declining by 36% [1] - The mortgage REIT primarily holds a portfolio of commercial property-backed loans, historically focusing on office properties [1] - The equity market plays a significant role in wealth creation or destruction over the long term, with daily price fluctuations contributing to this dynamic [1] Group 2 - Pacifica Yield aims to achieve long-term wealth creation by focusing on undervalued, high-growth companies, high-dividend stocks, REITs, and green energy firms [1]