体育比分网

Responsible Investments

We finance housing across the country and support the vitality of local communities and the economy through our investments.

Our Investments

We supply capital to two fundamental sectors of the American economy: housing and business. Through our four investment strategies, we finance housing across the country, support the vitality of local communities and strengthen the long-term growth of the economy.

Support for American Housing

体育比分网Housing is a bedrock of economic health for individuals, communities and the macroeconomy.

Annaly invests in residential housing in Agency mortgage backed securities, non-Agency residential credit and multifamily commercial real estate. We have been helping to finance the housing sector since our inception in 1996.

Nearly $100bn

of residential housing investments

Over 650K

American homes financed(1)

50

states

Lower Loan Balance Mortgages

Nearly 200,000 loans totaling nearly $16 billion to borrowers with lower loan balance mortgages, typically financing homes that are less than half the national house price average(2)

Self-Employed Borrowers

Nearly 850 loans totaling nearly $500 million to self-employed, creditworthy borrowers, including small business owners that have challenges accessing mortgage credit from commercial banks due to non-traditional income(3)

Credit Risk Transfers (“CRT”)

Nearly 2.5 million additional homes supported through Annaly’s investments in CRT securities, which are instruments that allow the private sector to take credit risk from Fannie Mae and Freddie Mac(4)

体育比分网 Real Estate Investment Trust (“REIT”)

体育比分网Our business supports U.S. real estate by virtue of our election to be taxed as a REIT. With requirements focused on real estate investment, REITs sit at a critical nexus between real estate ownership and financial markets. REITs are required to return 90% of taxable income to shareholders, directly connecting investors to real estate investments. The REIT industry provides a dedicated and durable equity capital base to support real estate and housing.

Support for American Businesses(5)

In addition to supporting housing, our investments strengthen the American economy through our support of middle market businesses and commercial real estate.

Our multi-billion dollars of investments through our commercial portfolio, which includes investments in middle market businesses and real estate, help drive economic growth precisely in the places where Americans live and work.

体育比分网Our investments support jobs across multiple sectors in the U.S. economy from small towns in the South to cities in the Midwest and coastal municipalities.

体育比分网The Annaly Middle Market Lending and Commercial Real Estate Groups assess all risks associated with a specific transaction, including a consideration of ESG risks. For example, the Middle Market Lending Group seeks to avoid certain industries in their decision process.

Health care is an important pillar of the U.S. economy, representing a significant portion of GDP and employing more than 20 million workers.(6) Improved health care outcomes lead to greater life satisfaction and underpin economic security while also promoting economic growth through a more productive workforce. Further, as the population ages, the needs of an increasing share of Americans will change. Expected to represent nearly a quarter of the country's population by 2060, Americans over the age of 65 may utilize housing and health care services tailored to their specific needs.(7)

体育比分网Our health care investments help support access to medical services and equipment and streamline the management of health care-related information across the sector, as well as provide appropriate living and other needs to an aging population. 

We have made $741 million in investments in the health care sector.(5)

体育比分网Climate change represents one of the most complex and critical challenges of our time and will require comprehensive private and public sector solutions.

体育比分网We invest in sustainable buildings and middle market businesses that have adopted innovative, environmentally friendly practices.

We have invested nearly $540 million in environmentally friendly buildings and businesses, including commercial real estate loans or equity investments in buildings with U.S. Green Building Council’s LEED certification or that have been designated as energy efficient by Energy Star.(5)

Further, approximately 13% of our investments in GSE-guaranteed CMBS are "Green Rewards," which consists of loans whereby the property owner must commit to property improvements that are projected to reduce the whole property's annual energy and/or water usage by at least 30%.(8)

体育比分网Technological advancement and innovation are key drivers of the economy of the future.

体育比分网Through our investments in middle market businesses, we support a number of data and technology companies that provide advanced technological solutions to businesses and societal challenges, such as smart transportation, data security and payment processing.

We have made $1.1 billion in investments in companies whose primary focus is the security management or efficient transfer of data.(5)

Support for Economic Opportunity Across Communities

The vitality of local communities drives a strong U.S. economy.

Annaly contributes to local economic and community development through joint ventures and direct portfolio investments.

We have made nearly $285 million(5) in investments that support the comprehensive needs of communities, including affordable housing, education, health care and retail grocery in food deserts.(9)

Annaly Portfolio Investments

We have made $257 million(5) in direct investments that support affordable housing, education and retail grocery in low-income and low-access areas. These under-invested segments of the economy are critical building blocks of household vitality, economic mobility and community development.

Social Impact Joint Venture

Annaly is investing in rural and urban communities across the country through a joint venture partnership with Capital Impact Partners (“Capital Impact”), a national community development financial institution. Annaly's investment supports affordable housing, community development centers, eldercare residences, grocery stores and healthy food production facilities, charter schools and mixed use developments to stimulate local economies.(10)

Nearly
1.3 million

Square feet in community development projects across the U.S. employing 1,700 individuals

Over
9K

体育比分网Students receiving charter school education, with 80% qualifying for free and reduced-price lunches

Nearly
78K

体育比分网Patients receiving care from community health centers and eldercare residences with nearly 5,000 elders and nearly 52,000 below the poverty line served

Over
48K

People in low-income areas with access to healthy foods through retail grocery and food production facilities

Additionally, the joint venture is closely aligned with Annaly’s focus on housing finance given Capital Impact’s work in preserving affordable housing. A portion of the fund focuses on affordable housing and community development in Washington, D.C. supporting Capital Impact’s management of the D.C. Affordable Housing Preservation Fund in partnership with D.C.’s Department of Housing and Community Development.(11) Our nation’s capital has among the highest rates of income inequality of any U.S. city and one of the highest poverty rates when measured against other U.S. states.(12)

Over
450

体育比分网Affordable housing units financed in Washington, D.C.

Over
1,000

Low-income residents served

 

Financial data as of June 30, 2020.

体育比分网1. Represents the estimated number of homes financed by Annaly’s holdings of Agency MBS, residential whole loans and securities, as well as multi-family commercial real estate loans, securities and equity investments. The number includes all homes related to securities and loans wholly-owned by Annaly and a pro-rata share of homes in securities or equity investments that are partially owned by Annaly.

体育比分网2. Represents all of the loans included in low loan balance (<$85,000) and medium loan balance ($85,000-$110,000) Agency MBS pools wholly-owned by Annaly and a pro-rata share of loans in low loan balance and medium loan balance Agency MBS pools partially-owned by Annaly. Based on FHFA’s March 31, 2020 seasonally adjusted House Price Index, which is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.

3. Represents residential whole loans owned by Annaly.

4. CRTs include the loans in the CRT reference pool for CRT securities partially-owned by Annaly. In rare cases, some individual borrowers may be counted multiple times if they are present in Annaly’s holdings of multiple asset types.

体育比分网5. All figures quoted in this section represent the cumulative commitment value at investment date of Annaly’s commercial investments, including current and prior investments.

6. Bureau of Labor Services - Employee Statistics Survey. www.bls.gov/ces/.

7. U.S. Census Bureau, Population Projections as of February 2020.

8. Fannie Mae - Multifamily Specialty Finance. http://multifamily.fanniemae.com/financing-options/specialty-financing/green-rewards 

9. The United States Department of Agriculture defines a food desert as a “low-access community,” where at least 500 people and/or at least 33 percent of the census tract's population must reside more than one mile from a supermarket or large grocery store (for rural census tracts, the distance is more than 10 miles).

10. All figures quoted in this section represent the cumulative impact of Annaly's investments, including current and prior investments, with Capital Impact Partners.

体育比分网11. The Affordable Housing Preservation fund activities are being funded in partnership with the District of Columbia Department of Housing and Community Development.

12. Brookings Institution and Census Bureau.