Tremont Mortgage Trust of Beneficial Interest (TRMT) News
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Latest TRMT News From Around the Web
Below are the latest news stories about Tremont Mortgage Trust that investors may wish to consider to help them evaluate TRMT as an investment opportunity.
Tremont Mortgage Trust (Nasdaq: TRMT) today announced the results of its 2020 Annual Meeting of Shareholders which was held today.
Shares of Tremont Mortgage (NASDAQ:TRMT) were flat in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share rose 5.00% year over year to $0.21, which beat the estimate of $0.19.Revenue of $2,527,000 up by 74.16% year over year, which beat the estimate of $2,320,000.Looking Ahead Tremont Mortgage hasn't issued any earnings guidance for the time being.Tremont Mortgage hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 04, 2020View more earnings on TRMTTime: 06:01 PM ETWebcast URL: https://78449.choruscall.com/dataconf/productusers/trmt/mediaframe/36739/indexr.htmlTechnicals 52-week high: $10.34Company's 52-week low was at $1.63Price action over last quarter: down 71.71%Company Profile Tremont Mortgage Trust is a ...
Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter ended March 31, 2020.
Tremont Mortgage Trust (Nasdaq: TRMT) announced today that its annual meeting of shareholders scheduled for May 13, 2020 (the "Annual Meeting") will be held by Internet webcast in order to mitigate potential risks to the health and safety of TRMT’s shareholders, service providers, personnel and other stakeholders arising from the public health impact of the coronavirus outbreak (COVID-19).
If you own shares in Tremont Mortgage Trust (NASDAQ:TRMT) then it's worth thinking about how it contributes to the...
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that it will issue a press release containing its first quarter 2020 financial results before the Nasdaq opens on Monday, May 4, 2020. At 10:00 a.m. Eastern Time that morning, President and Chief Executive Officer David Blackman 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
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that due to the uncertainty and extreme disruption to the U.S. capital markets as a result of the COVID-19 (novel coronavirus) health crisis, and its resulting impact on the U.S. economy, TRMT has reduced its regular quarterly dividend on its common shares for the first quarter to $0.01 per share, in order to preserve cash and liquidity. This distribution will be paid to TRMT’s common shareholders of record as
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter and year ended December 31, 2019. David Blackman, President and Chief Executive Officer of TRMT, made the following statement: “During the fourth quarter, we closed two loans totaling $33.0 million and subsequent to year end, we closed two additional loans totaling $36.8 million for an aggregate investment of $69.8 million in new first mortgage whole loans. We have now success
Tremont Mortgage Trust Provides $22.8 Million First Mortgage Bridge Loan for the Refinancing of The Blazer Plaza in Dublin, OH
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $22.8 million first mortgage bridge loan it provided to refinance The Blazer Plaza, a three building office/lab campus containing 519,000 square feet on 54 acres in Dublin, OH. This floating rate loan includes initial funding of $12.1 million and a future funding allowance of approximately $10.7 million for tenant improvements. The loan is structured with a two-year initial term and a one-year
Tremont Mortgage Trust Provides $14.0 Million First Mortgage Bridge Loan for the Refinancing of 940 Linden Street in Allentown, PA
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $14.0 million first mortgage bridge loan to refinance a five-story, 1,100 space structured parking garage in Allentown, PA. This floating rate loan was fully funded at closing and is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements. Tremont Mortgage Trust (Nasdaq: TRMT) is a real estate finance company that focus