Real Estate Investment Trusts (REITs)
Company Overview of Webster Preferred Capital Corp.
Webster Preferred Capital Corporation, a real estate investment trust (REIT), engages in the acquisition, holding, and management of real estate mortgage assets in Connecticut. Its real estate mortgage assets include mortgage-backed securities and residential mortgage loans. Webster Preferred Capital has elected to be taxed as a REIT under the internal revenue code of 1986. As a REIT, it would not subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1991 and is based in Waterbury, Connecticut. Webster Preferred Capital Corporation is a subsidiary of Webster Bank, National Association.
145 Bank Street
Waterbury, CT 06702
Founded in 1991
Key Executives for Webster Preferred Capital Corp.
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