Tremont Mortgage Trust (TRMT) Reports Q4 Loss of $0.34/Share
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Tremont Mortgage Trust Reports Fourth Quarter and Year End 2017 Financial Results
February 22, 2018 7:00 AM ESTNEWTON, Mass.--(BUSINESS WIRE)-- Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter and year ended December 31, 2017.
David Blackman, Chief Executive Officer of TRMT, made the following statement:
Since completing our initial public offering, we have been active in the market meeting with owners of commercial real estate and intermediaries across the U.S., sourcing potential loan opportunities. During this time, our originations team has evaluated more than 140 prospective financing opportunities with a combined transaction value greater than $3 billion. As a result, we currently have seven outstanding term sheets totaling... More
