Tremont Mortgage Trust (TRMT) Misses Q2 EPS by 8c
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Tremont Mortgage Trust Reports Third Quarter 2018 Financial Results
November 2, 2018 7:00 AM EDTNEWTON, Mass.--(BUSINESS WIRE)-- Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter and nine months ended September 30, 2018.
David Blackman, President and Chief Executive Officer of TRMT, made the following statement:
We continue to make important progress in executing our business strategy, and with four loans now closed, for a total commitment of $88.5 million, our investment income is fully covering our operating expenses. During the third quarter, we evaluated over 120 prospective loan opportunities with a gross value of over $3 billion, and we currently have... More
