Company reflects on the legacy of late member
Granite Point Mortgage Trust Inc. has announced the passing of W. Reid Sanders, a member of its board of directors since the company’s founding in 2017. In a news release, the company offered its condolences to Sanders’ family, friends, and colleagues during this difficult time.
Stephen Kasnet, chairman of the board, expressed his sorrow over the loss, stating: “I was deeply saddened to learn of the passing of my dear friend and colleague, Reid Sanders. Reid’s experience, wisdom, wit, dedication, and enthusiasm will not be forgotten. On behalf of the entire board, we express our deepest sympathies and heartfelt condolences to Reid’s family, friends, and loved ones for their loss.”
Granite Point’s chief executive officer, Jack Taylor, also reflected on Sanders’ contributions, noting, “Our whole team at Granite Point deeply feels the loss of Reid’s passing. Reid was an exceptional human being and an astutely intelligent business leader who, accompanying his enormous successes, was always gracious and humble. His sage guidance and contributions to Granite Point since our inception have left an abiding mark on the company. Reid will be greatly missed.”
Granite Point Mortgage Trust Inc., based in New York, is a real estate investment trust that focuses on originating, managing, and investing in senior floating-rate commercial mortgage loans and similar debt instruments tied to commercial real estate in the United States. The company offers financing for purposes such as acquisitions, recapitalizations, and refinancing, as well as supporting business plans like lease-up, renovation, repositioning, and repurposing of commercial properties.
Do you have something to say about the recent announcement? Share your thoughts in the comments below.
