RMR Mortgage Trust Expands First CRE Mortgage & Transition Portfolio

0
34

[ad_1]

RMR Mortgage Trust is working to expand its first mortgage and transitional commercial real estate portfolio.

The real estate finance company recently closed its first $ 12.5 million floating rate mortgage loan to finance the acquisition of a 45-unit A-class apartment building in downtown Seattle.

RMRM President Tom Lorenzini said the loan, which marks the seventh loan to close this year, boosts RMRM’s investment portfolio to over $ 300 million in leveraged capital.

[ad_2]

Source link