Tremont Mortgage Trust, a newly-formed commercial mortgage REIT managed by RMR Group, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Newton, MA-based company was formed in 2017 and plans to list on the Nasdaq under the symbol TRMT. UBS Investment Bank, Citi and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
