Tremont Mortgage Trust, a real estate investment trust (REIT), focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Tremont Mortgage Trust was founded in 2017 and is headquartered in Newton, Massachusetts.
IPO Year: 2017
Exchange: NASDAQ
Website: trmtreit.com
Tremont Mortgage Trust (NASDAQ:TRMT) today announced the results of its 2021 Annual Meeting of Shareholders which was held today. Matthew P. Jordan was re-elected as a Managing Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Trustee Percentage of Shares Voted – For Matthew P. Jordan 92.4% William A. Lamkin was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Trustee Percentage of Shares Voted – For William A. Lamkin 89.2% Shareholders approved the Amended and Restated T
SC 13D/A - Tremont Mortgage Trust (0001708405) (Subject)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
4 - Tremont Mortgage Trust (0001708405) (Issuer)
The Combined Company Will Be Renamed Seven Hills Realty Trust and will Begin Trading on the Nasdaq under the Ticker Symbol "SEVN" on October 1st RMR Mortgage Trust (NASDAQ:RMRM) today announced that it has completed its merger with Tremont Mortgage Trust (NASDAQ:TRMT). In connection with the merger, the combined company changed its name to "Seven Hills Realty Trust." The company will begin trading on the Nasdaq under the ticker symbol "SEVN" on October 1, 2021. For more information about SEVN, please visit www.SEVNreit.com. Concurrent with the merger, SEVN's manager, Tremont Realty Advisors LLC, has changed its name to "Tremont Realty Capital." Tom Lorenzini, President of SEVN, made the
RMR Mortgage Trust (NASDAQ:RMRM) today announced the closing of a $16.5 million first mortgage floating-rate bridge loan to finance the acquisition of City Center Crossing, a grocery anchored retail center located at 6331 Roswell Road in the Sandy Springs submarket of Atlanta, Georgia. An initial advance of $14.8 million was funded at closing with future advances of approximately $1.7 million available for tenant improvements and leasing commissions. The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements. RMRM's manager, Tremont Realty Capital, was introduced to the transaction by the sponsor, First Nat
Shareholders Approve the Merger with RMR Mortgage Trust to Form a Combined Company Named Seven Hills Realty Capital Merger Expected to Create a Diversified Commercial Mortgage REIT with Fully Invested Total Assets Expected to Approach $1 Billion Tremont Mortgage Trust (NASDAQ:TRMT) announced the results of its special meeting of shareholders held on Friday, September 17, 2021, as follows. Shareholders approved the merger of TRMT with and into RMR Mortgage Trust (NASDAQ:RMRM), or the Merger, with 59.1% of the outstanding shares voting in favor. TRMT expects the Merger to become effective on September 30, 2021, subject to the satisfaction or waiver of the closing conditions specified in th
Shareholders Approve the Issuance of Common Shares in the Merger with Tremont Mortgage Trust to Form a Combined Company Named Seven Hills Realty Capital Merger Expected to Create a Diversified Commercial Mortgage REIT with Fully Invested Total Assets Expected to Approach $1 Billion RMR Mortgage Trust (NASDAQ:RMRM) announced the results of its special meeting of shareholders held on Friday, September 17, 2021, as follows. Shareholders approved the issuance of RMRM common shares in the merger with Tremont Mortgage Trust (NASDAQ:TRMT), with 92.3% of the shares that voted voting in favor. RMRM expects the merger to become effective on September 30, 2021, subject to the satisfaction or waiver
Tremont Mortgage Trust (NASDAQ:TRMT) today announced the closing of a $50.0 million first mortgage floating rate bridge loan to finance the acquisition of 10000 NCX, a Class A, 15-story, 296,000 square foot office tower located at 10000 North Central Expressway in Dallas, Texas. TRMT's manager, Tremont Realty Capital, was introduced to the transaction by Colliers International, which advised the sponsor, Charter Holdings. TRMT funded an initial advance of approximately $43.5 million at closing, with future advances of up to $6.5 million available for tenant improvements and leasing commissions. The loan is structured with a three-year initial term and two one-year extension options, subjec
Final Cash Distribution of $0.17 per TRMT Common Share TRMT and RMRM Adjust Merger Exchange Ratio to 0.516 RMRM Common Share per TRMT Common Share Tremont Mortgage Trust (NASDAQ:TRMT) today announced that it has declared a final cash distribution to its shareholders of $0.17 per TRMT common share in order to satisfy its distribution requirements as a real estate investment trust, or REIT, and in order to avoid income and excise taxation as a REIT prior to the closing of its previously announced merger with RMR Mortgage Trust (NASDAQ:RMRM), in accordance with the Agreement and Plan of Merger, dated as of April 26, 2021, or the Merger Agreement. TRMT's distribution will be paid to its commo
RMRM Declares Cash Distribution of $0.15 per RMRM Common Share RMRM and TRMT Adjust Merger Exchange Ratio to 0.516 RMRM Common Share per TRMT Common Share RMR Mortgage Trust (NASDAQ:RMRM) today announced that it has declared a cash distribution to its shareholders of $0.15 per RMRM common share in lieu of its regular quarterly distribution to RMRM common shareholders for the quarter ending September 30, 2021, and in anticipation of the closing of the previously announced merger, or Merger, with Tremont Mortgage Trust (NASDAQ:TRMT). RMRM's distribution will be paid to its common shareholders of record as of the close of business on September 7, 2021, on or about September 29, 2021. TRMT al
RMR Mortgage Trust (NASDAQ:RMRM) today announced the closing of a $12.5 million first mortgage floating-rate bridge loan to finance the acquisition of 80 Main, a Class A, 45-unit apartment building located at 80 S. Main St. in Seattle, Washington. The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements. RMRM's manager, Tremont Realty Capital, was introduced to the transaction by IPA Capital Markets, a Marcus & Millichap Company, which advised the sponsor, Unico Properties. Tom Lorenzini, President of RMRM, made the following statement: "We continue to build momentum executing on RMRM's new business plan
Cumulative Loan Originations Since September 2020 of $298 Million Second Quarter Net Income Per Common Share of $0.11 Second Quarter Distributable Earnings Per Common Share of $0.13 RMR Mortgage Trust (NASDAQ:RMRM) today announced financial results for the quarter and six months ended June 30, 2021. Tom Lorenzini, President of RMRM, made the following statement: "We continue to build momentum executing on RMR Mortgage Trust's new business plan focused on investing capital in first mortgage loans secured by middle market and transitional commercial real estate. During the second quarter, we closed two new loans totaling $73.5 million in commitments, utilized leverage to enhance portfol
Tremont Mortgage Trust (NASDAQ:TRMT) today announced the closing of a $13.4 million first mortgage floating-rate bridge loan to finance the acquisition of Parallax Apartments, a 66-unit, Class A, multifamily property located at 4030 North Williams Avenue in Portland, Oregon. The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements. TRMT's manager, Tremont Realty Capital, was introduced to the transaction by IPA Capital Markets, a Marcus & Millichap Company. Tom Lorenzini, President of TRMT, made the following statement: "We are pleased to announce the closing of this first mortgage loan secured by a mode
Jonestrading reiterated coverage of Tremont Mortgage Trust with a rating of Buy and set a new price target of $8.50 from $5.50 previously
Jonestrading reiterated coverage of Tremont Mortgage Trust with a rating of Buy and set a new price target of $8.50 from $5.50 previously
JonesTrading reiterated coverage of Tremont Mortgage with a rating of Buy and set a new price target of $8.50 from $5.50 previously
Citigroup reiterated coverage of Tremont Mortgage Trust with a rating of and set a new price target of $5.50 from $3.50 previously
15-12B - Tremont Mortgage Trust (0001708405) (Filer)
S-8 POS - Tremont Mortgage Trust (0001708405) (Filer)
S-8 POS - Tremont Mortgage Trust (0001708405) (Filer)
8-K - Tremont Mortgage Trust (0001708405) (Filer)
25-NSE - Tremont Mortgage Trust (0001708405) (Subject)
425 - Tremont Mortgage Trust (0001708405) (Subject)
425 - Tremont Mortgage Trust (0001708405) (Subject)
8-K - Tremont Mortgage Trust (0001708405) (Filer)
425 - Tremont Mortgage Trust (0001708405) (Subject)
425 - Tremont Mortgage Trust (0001708405) (Subject)
Cumulative Loan Originations Since September 2020 of $298 Million Second Quarter Net Income Per Common Share of $0.11 Second Quarter Distributable Earnings Per Common Share of $0.13 RMR Mortgage Trust (NASDAQ:RMRM) today announced financial results for the quarter and six months ended June 30, 2021. Tom Lorenzini, President of RMRM, made the following statement: "We continue to build momentum executing on RMR Mortgage Trust's new business plan focused on investing capital in first mortgage loans secured by middle market and transitional commercial real estate. During the second quarter, we closed two new loans totaling $73.5 million in commitments, utilized leverage to enhance portfol
Second Quarter Net Income Per Diluted Share of $0.01 Net Income Includes Merger Related Transaction Expenses of $0.22 per Diluted Share Second Quarter Adjusted Distributable Earnings Per Diluted Share of $0.25 Tremont Mortgage Trust (NASDAQ:TRMT) today announced financial results for the quarter and six months ended June 30, 2021. Tom Lorenzini, President of TRMT, made the following statement: "TRMT's portfolio continues to perform well as we execute on our business objective of investing capital in first mortgage loans secured by middle market and transitional commercial real estate. All our loans remain current on debt service and our portfolio risk ratings remain stable, which spea
Tremont Mortgage Trust (NASDAQ:TRMT) today announced a regular quarterly cash distribution on its common shares of $0.10 per common share ($0.40 per share per year). The distribution declared today will be paid to TRMT's common shareholders of record as of the close of business on July 26, 2021 and distributed on or about August 19, 2021. TRMT is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate. TRMT is managed by an affiliate of The RMR Group Inc. (NASDAQ:RMR). Substantially all of RMR's business is conducted by its majority owned subsidiary, The RMR Group LLC, which is an alternative asset m
Tremont Mortgage Trust (NASDAQ:TRMT) today announced a regular quarterly cash distribution on its common shares of $0.10 per common share ($0.40 per share per year). The distribution declared today will be paid to TRMT's common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021. TRMT is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate. TRMT is managed by an affiliate of The RMR Group Inc. (NASDAQ:RMR). Substantially all of RMR's business is conducted by its majority owned subsidiary, The RMR Group LLC, which is an alternative asset man
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that the characterization of dividends for 2020 income tax reporting purposes is as follows: Common Shares Dividend Allocation Per Share Declaration Dates Record Dates Paid/Payable Dates Dividends Per Share Ordinary Income Section 199A Dividend(1) Qualified Dividend(2) Total Capital Gain Unrecaptured Section 1250 Gain(3) Return of Capital 01/16/20 01/27/20 02/20/20 $0.2200 $0.2200 $0.2200 $0.0000 $0.0000 $0.0000 $0.0000
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced a one-time cash distribution on its common shares of $0.53 per common share. TRMT’s Board of Trustees has declared this distribution in order to pay out sufficient taxable income to maintain TRMT’s tax status as a real estate investment trust. The distribution declared today will be paid to TRMT’s common shareholders of record as of the close of business on December 17, 2020 and distributed on or about January 15, 2021. Including this special dividend, TRMT will have paid or declared $0.78 per common share during 2020. Tremont Mortgage Trust (Nasdaq: TRMT) is a real estate finance company that foc