Tremont Mortgage Trust

Tremont Mortgage Trust is a real estate finance company providing borrowers flexible capital solutions for middle-market commercial real estate properties nationwide. Tremont Mortgage Trust's investments generally come in the form of first mortgages or mezzanine loans secured by properties that have values up to $75 million.

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NEWTON, Mass.--(BUSINESS WIRE)--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 of the closing conditions specified in the Agreemen

RMR Mortgage Trust Announces Results of Special Meeting of Shareholders

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that, on September 10, 2021, three proxy advisory firms that advise institutional investors, Institutional Shareholder Services Inc., or ISS, Glass Lewis & Co., LLC, or Glass Lewis, and Egan-Jones Proxy Services, or Egan-Jones, have all recommended that shareholders vote “FOR” the previously-announced merger of TRMT with and into RMR Mortgage Trust (Nasdaq: RMRM) at the special meeting of TRMT shareholders

Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Recommend That Tremont Mortgage Trust Shareholders Vote “FOR” the Proposed Merger With RMR Mortgage Trust

NEWTON, Mass.--(BUSINESS WIRE)--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 approx

Tremont Mortgage Trust Closes $50.0 Million First Mortgage Bridge Loan to Finance Acquisition of an Office Property in Dallas, Texas

NEWTON, Mass.--(BUSINESS WIRE)--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 cl

RMR Mortgage Trust Announces Cash Distribution and Adjustment to Exchange Ratio for Previously Announced Merger with Tremont Mortgage Trust

NEWTON, Mass.--(BUSINESS WIRE)--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 A

Tremont Mortgage Trust Announces Final Cash Distribution and Adjustment to Exchange Ratio for Previously Announced Merger with RMR Mortgage Trust

NEWTON, Mass.--(BUSINESS WIRE)--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 in

Tremont Mortgage Trust Closes $13.4 Million First Mortgage Bridge Loan to Finance Acquisition of Parallax Apartments in Portland, Oregon

Tremont Mortgage Trust (TRMT) Q2 2021 Results - Earnings Call Transcript

Shares of Tremont Mortgage (NASDAQ:TRMT) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 16.67% year over year to $0.25, which beat the estimate of $0.15.

Recap: Tremont Mortgage Q2 Earnings

NEWTON, Mass.--(BUSINESS WIRE)--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 s

Tremont Mortgage Trust Announces Second Quarter 2021 Results

NEWTON, Mass.--(BUSINESS WIRE)--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 transi

Tremont Mortgage Trust Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that it will issue a press release containing its second quarter 2021 financial results after the Nasdaq closes on Tuesday, July 27, 2021. On Wednesday, July 28, 2021 at 10:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Doug Lanois will host a conference call to discuss these results. The conference call telephone number is (833) 366-1119. Participants calling from outside the United

Tremont Mortgage Trust Second Quarter 2021 Conference Call Scheduled for Wednesday, July 28th

NEWTON, Mass.--(BUSINESS WIRE)--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 shareh

Tremont Mortgage Trust Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $15.3 million first mortgage floating-rate bridge loan to refinance Prime Center at Northridge office park. The property is comprised of two adjacent single-story multi-tenant office buildings with a total of approximately 125,000 square feet located at 1765 and 1865 W. 121st Avenue in Westminster, Colorado. TRMT's manager, Tremont Realty Capital, was introduced to the transaction by ColumbiaN

Tremont Mortgage Trust Closes $15.3 Million Bridge Loan to Refinance Prime Center at Northridge Office Park in Westminster, Colorado

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NEW YORK, May 25, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Proofpoint, Inc. (NASDAQ: PFPT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $176.00 per share in cash. If you are a Proofpoint shareholder, click here to learn more about your rights and options.

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates PFPT, FBC, MRLN, TRMT, FCBP; Shareholders are Encouraged to Contact the Firm

Tremont Mortgage Trust (TRMT) CEO Tom Lorenzini on Q1 2021 Results - Earnings Call Transcript

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tremont Mortgage Trust (NasdaqCM: TRMT) to RMR Mortgage Trust (NasdaqGS: RMRM). Under the terms of the proposed transaction, shareholders of Tremont will receive only 0.520 of a share of RMR for each share of Tremont that they own. KSF is seeking to determine whether this consideration and the process that led

TREMONT MORTGAGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tremont Mortgage Trust - TRMT

NEW YORK, April 27, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Tremont Mortgage Trust ("TRMT" or the "Company") (TRMT) relating to its proposed acquisition by RMR Mortgage Trust. Under the terms of the agreement, TRMT shareholders will receive 0.52 shares of RMR per share they own.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Tremont Mortgage Trust - TRMT

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter ended March 31, 2021. Tom Lorenzini, President of TRMT, made the following statement: “Our first quarter results underscore the strength of TRMT's commercial mortgage portfolio, with all of our loans remaining current on debt service and our portfolio risk rating continuing to improve. We received one early repayment during the quarter and used the proceeds to pay down our mas

Tremont Mortgage Trust Announces First Quarter 2021 Results

NEW YORK, April 27, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Tremont Mortgage Trust (NASDAQ: TRMT) and its board of directors concerning the proposed acquisition of the company by RMR Mortgage Trust (NASDAQ: RMRM). Stockholders will receive 0.520 shares of RMR Mortgage Trust common stock for each share of Tremont Mortgage Trust stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Tremont Mortgage Trust

NEW YORK, April 26, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tremont Mortgage Trust ("TRMT" or the "Company") (NASDAQ: TRMT) in connection with the proposed acquisition of the Company by RMR Mortgage Trust ("RMRM") (NASDAQ: RMRM).  Under the terms of the merger agreement, TRMT shareholders will receive 0.520 of a share of RMRM common stock for each TRMT share that they own, representing implied per-share merger consideration of approximately $6.47 based upon RMRM's April 26, 2021 closing price of $12.45.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Tremont Mortgage Trust

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Tremont Mortgage Trust (NASDAQ: TRMT) to RMR Mortgage Trust is fair to Tremont shareholders. Under the terms of the merger agreement, Tremont shareholders will receive 0.520 of a newly issued RMR Mortgage common share for each Tremont common share owned. Upon closing, Tremont shareholders are expected to own approximately 30% of the combined company's outstanding common shares. H

Tremont Mortgage Trust Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Tremont Mortgage Trust Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – TRMT

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) and Tremont Mortgage Trust (Nasdaq: TRMT) today announced that they have entered into a definitive merger agreement pursuant to which TRMT will merge with and into RMRM, with RMRM continuing as the surviving company. The merger is expected to create a more diversified commercial mortgage real estate investment trust, or REIT, focused on middle market transitional bridge loans with assets expected to approach $1 billion when fully

Tremont Mortgage Trust and RMR Mortgage Trust Announce Agreement to Merge

RMR Mortgage Trust and Tremont Mortgage Trust Announce Agreement to Merge

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that it will issue a press release containing its first quarter 2021 financial results after the Nasdaq closes on Tuesday, April 27, 2021. On Wednesday, April 28, 2021 at 10:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Doug Lanois will host a conference call to discuss these results. The conference call telephone number is (833) 366-1119. Participants calling from outside the Unite

Tremont Mortgage Trust First Quarter 2021 Conference Call Scheduled for Wednesday, April 28th

Tremont Mortgage Trust (TRMT) CEO Tom Lorenzini on Q4 2020 Results - Earnings Call Transcript

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