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home / news releases / RMRM - RMR Mortgage Trust provides $41M of new first mortgage bridge loans


RMRM - RMR Mortgage Trust provides $41M of new first mortgage bridge loans

RMR Mortgage Trust (RMRM) closes on two first mortgage whole loans totaling $41.1M with initial fundings of $31.9M.The company closed a $24.6M first mortgage bridge loan it provided for the acquisition of a retail property in East Hollywood/Silverlake submarket of Los Angeles.It also closed a $16.5M first mortgage bridge loan to refinance a mixed-use property consisting of an office building and industrial warehouse in Aurora, IL.

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RMR Mortgage Trust provides $41M of new first mortgage bridge loans
Stock Information

Company Name: RMR Mortgage Trust
Stock Symbol: RMRM
Market: NASDAQ

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