TRMT News and Press, Tremont Mortgage Trust From 08/22/21

U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...

U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...

REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...

Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $13.4 million first mortgage floating-rate bridge loan to finance the acquisition of Parallax Apartments, a 66-unit, Class A, multifamily property located at 4030 North Williams Avenue in Portland, Oregon. The lo...

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...

We're now at the halfway point of another newsworthy real estate earnings season. Results have so far been as impressive as any REIT earnings season in recent memory. Roughly 95% of REITs have topped consensus earnings estimates, and of the 44 REITs that provide full-year funds from o...

Tremont Mortgage Trust (TRMT) Q2 2021 Results Conference Call July 28, 2021 10:00 AM ET Company Participants Kevin Berry - Manager, IR Tom Lorenzini - President Doug Lanois - CFO and Treasurer Presentation Operator Good day, and welcome to the Tremont Mortgage Trust Second Quarter 2021 Financ...

Second Quarter Net Income Per Diluted Share of $0.01 Net Income Includes Merger Related Transaction Expenses of $0.22 per Diluted Share Second Quarter Adjusted Distributable Earnings Per Diluted Share of $0.25 Tremont Mortgage Trust (Nasdaq: TRM...

Zoom uses its expensive stock to enter adjacent market with the acquisition of Five9 for $14.7 billion. Monmouth Real Estate Investment Corporation's board supports the pending merger of MNR with Equity Commonwealth after receiving a competing offer from Starwood. Salesforce compl...