RMR Mortgage Trust Price, Forecast, Insider, Ratings, Fundamentals & Signals

Newton, mass.--(business wire)--seven hills realty trust (nasdaq: sevn) today announced the closing of a $21.0 million first mortgage floating-rate bridge loan to finance the acquisition of bellevue terrace, a 72,000 square foot multi-tenant office property located at 3633 136th place se in bellevue, washington. an initial advance of approximately $20.0 million was funded at closing with future advances of up to $1.0 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. sevn’s manager, tremont realty capital, was introduced to the transaction by js coats capital, which advised the sponsor, smartcap...

Newton, mass.--(business wire)--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 national realty partners...

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 agreement and plan of merger between rmrm and trmt, dated april 26, 2021. as part of the merger, the combined company will change its name to seven hills realty capital and will trade on the nasdaq under the ticker “shrc”...

Newton, mass.--(business wire)--rmr mortgage trust (nasdaq: rmrm) 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 clients of rmrm vote “for” the issuance of shares, or the rmrm share issuance proposal, in connection with the previously-announced merger of rmr mortgage trust and tremont mortgage trust (nasdaq: trmt) at the special meeting of shareholders of rmrm to be held on september 17, 2021 at 10:00 a.m. eastern time. in recommending that rmrm shareholders vote “for” the rmrm share issuance proposal, the proxy advisory firms endorsed the strategic, corporate governance and financial merits of the merger...

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

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

RMR Mortgage Trust (RMRM) on Q2 2021 Results - Earnings Call Transcript

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter second-quarter earnings season as the best-performing asset class this year with total returns over 25%. 69 equity REITs and 19 mortgage REITs have raised their dividends this year.

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq:RMRM) today announced the results of its 2021 Annual Meeting of Shareholders which was held today. Adam D. Portnoy 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 Adam D. Portnoy   74.8% Jeffrey P. Somers was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes

In the 12 calendar years since 1991 when inflation was less than 2%, the average return of the REITs Index was 7.4%. Returns to the REITs Index were positive in 85% of the 12-month periods when the two-year yield rose, and the average return was 15.1%, almost five percentage points higher than when the yield moved lower.

RMR Mortgage Trust (RMRM) Management on Q1 2021 Results - Earnings Call Transcript

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.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of RMR Mortgage Trust (NASDAQ: RMRM) and Tremont Mortgage Trust is fair to RMR Mortgage shareholders. RMR Mortgage is expected to issue common stock in connection with the merger. Upon closing, RMR Mortgage shareholders are expected to own approximately 70% of the combined company's outstanding common shares. Halper Sadeh encourages RMR Mortgage shareholders to click here to learn

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) today announced the closing of a $34.3 million first mortgage floating-rate bridge loan to refinance a property comprised of a 191,000 square foot office building and a 97,000 square foot industrial building located at 10125 and 10205 Federal Drive in Colorado Springs, Colorado. RMRM's manager, Tremont Realty Capital, was introduced to the transaction by Essex Financial Group, which advised the sponsor, Flywheel Capital of Denver

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) today announced the closing of a $39.2 million first mortgage floating-rate bridge loan financing the acquisition of two Class A cold storage industrial buildings located at 6 Rockingham Road and 219 Rockingham Road in Londonderry, New Hampshire. Upon closing, the properties were leased back to Highwood Cold Storage and Londonderry Freezer Warehouse, respectively. RMRM's manager, Tremont Realty Capital, was introduced to the tran