Audrey Greenberg Appointed Director of New York Mortgage

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NEW YORK, July 9, 2021 (GLOBE NEWSWIRE) – New York Mortgage Trust, Inc. (“The Company”) (NASDAQ: NYMT) announced today that its Board of Directors has appointed Audrey E. Greenberg as director of the company. takes effect immediately. Ms. Greenberg will be a member of the investment committee.

Ms. Greenberg is the co-founder, board member and CEO of Discovery Labs and its subsidiary operating company Center for Breakthrough Medicines, a biopharmaceutical real estate and services platform that pioneers the commercialization of new cell and gene therapies. Ms. Greenberg’s diverse experience spans over two decades in private equity real estate, where she has managed multiple REITs, including serving as CFO and Senior Vice President of ING Clarion Partners, Senior Vice President of Exeter Property Group, and Finance directors and directors of the company. CBRE Global Investors. Prior to private equity, Ms. Greenberg worked as an investment banker at Morgan Stanley and Merrill Lynch. Ms. Greenberg started her accounting career at Deloitte and holds an MBA from Wharton.

Audrey was chosen in 2020 Philadelphia Magazine as one of the best pioneers in biotechnology and was featured on the cover Main line today Power Women Edition. Audrey is passionate about promoting and representing women in leadership positions and also supports Philadelphia as the preeminent life sciences cluster in the United States. She regularly serves as a keynote speaker at conferences on the life sciences and real estate, with a focus on building the world’s leading bio-innovation hubs.

Commenting on today’s announcement, Stephen R. Mumma, chairman and chief executive officer of the company, said: “We are delighted to welcome Audrey to the board. Audrey has a wealth of knowledge and practical experience from her long career in private equity and real estate, which will greatly benefit the Company and the Board of Directors. ” Alan L. Haney, Lead Independent Director, added: “We are delighted to be able to add a new director to the Board to meet Audrey’s requirements. She brings significant work experience, a fresh perspective and an additional independent voice to the Board of Directors. “

“I am honored to be appointed to the NYMT Board of Directors,” said Ms. Greenberg. “I look forward to applying my experience and knowledge to work with my fellow board and management colleagues to continue building a diversified investment portfolio that delivers stable cash flows for shareholders throughout various business cycles.”

With the appointment of Ms. Greenberg, the company’s Board of Directors now consists of eight directors, six of whom are independent, with women and minorities representing 50% of the independent directors.

About New York Mortgage Trust

New York Mortgage Trust, Inc. is a Maryland corporation that is taxed as a real estate investment fund (REIT) for federal income tax purposes. The NYMT is an in-house REIT management company engaged in the acquisition, investment, financing and management primarily of mortgage-related private and multi-family residential assets.

For more information

IN COMPANY
Investor relations
Phone: 212-792-0107
Email: InvestorRelations@nymtrust.com

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