New York Mortgage Trust, Inc. announced that Gena Cheng has been elected to its Board of Directors (the “Board”). Ms. Cheng was elected as a new director at the Company's 2022 Annual Meeting of Stockholders held on June 6, 2022. Ms. Cheng is Managing Principal of Prospect Avenue Partners, an advisory firm providing outsourced product development, investor relations and capital raising services for real estate investments.

Named to PERE's list of 30 Capital Raisers Who Can Make a Difference, Ms. Cheng has over 20 years of experience in the real estate industry, including investments, portfolio management, fundraising and investor relations. Prior to launching Prospect Avenue Partners, Ms. Cheng served in a variety of management, strategy, product development and capital raising roles at USAA Real Estate Company, Forum Partners and JT Partners. Earlier in her career, Ms. Cheng was a senior portfolio manager at APG Asset Management, the Dutch pension fund, where she helped invest and manage the capital of one of the large institutional real estate investment platforms in the world, focusing on North American investments.

Ms. Cheng began her career in real estate consulting and investment banking at Arthur Andersen and Morgan Stanley, respectively.