Granite Point Mortgage Trust upsizes JPMorgan repurchase facility to $651 million

• Granite Point refinanced assets from its remaining CRE CLOs onto a JPMorgan Chase repurchase facility, cutting funding costs.
• The JPMorgan repurchase facility was extended to July 2028 with three 1-year extension options.
• Facility size increased to $651 million; the two CRE CLOs had $521 million of debt outstanding as of June 30, 2026.
• Weighted average cost of funds fell about 38 basis points to SOFR+2% from SOFR+2.38%.
• Unrestricted cash totaled $35.1 million as of July 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Point Mortgage Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608030800BIZWIRE_USPR_____20260802_BW242296) on August 03, 2026, and is solely responsible for the information contained therein.