Related Capital Co. has listed a public real estate investment trust on the American Stock Exchange.

The trust, American Mortgage Acceptance Co., is managed by Related AMI Associates, an affiliate. The REIT was previously known as American Mortgage Investors Trust. It is now a multifamily REIT and has net asset value of about $58 million, with about 3.8 million shares outstanding, the company said.

American Mortgage is to focus on originating and buying multifamily mortgages, including government-insured or agency-guaranteed loans, Fannie Mae multifamily mortgages for low-income-housing tax-credit properties, and subordinated interests in commercial mortgage-backed securities, the company said.

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