operates as a real estate investment trust.
It specializes in originating and managing credit sensitive structured financial products.
The company makes investments for its own account, as well as manages a series of private equity funds on behalf of institutional and individual investors.
Its investment program focuses on structured commercial real estate debt investments, including B Notes, subordinate CMBS, and small-balance mezzanine loans.
It also finances single properties, multiple property portfolios, and operating companies.
The company has elected to be taxed as a real estate investment trust and would not be subject to federal income tax, if it distributes at least 90% of its taxable income to its shareholders.
Capital Trust was formed by Sam Zell, John Klopp, and Craig Hatkoff in 1997.
The company is headquartered in New York City.
