Tremont Mortgage Trust (TRMT) Misses Q1 EPS by 15c
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Tremont Mortgage Trust Reports First Quarter 2018 Financial Results
May 14, 2018 7:00 AM EDTNEWTON, Mass.--(BUSINESS WIRE)-- Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter ended March 31, 2018.
David Blackman, Chief Executive Officer of TRMT, made the following statement:
Tremont Mortgage Trust continued building origination momentum since the beginning of 2018. We closed on a $18.1 million first mortgage bridge loan in April and commenced diligence on two accepted loan applications for first mortgage bridge loans totaling $30 million. In aggregate, we evaluated 106 prospective financing opportunities for approximately $2.7 billion in gross loan volume during the quarter.
Results for First Quarter 2018:... More
