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TRMT News

Tremont Mortgage prices downsized IPO at $20

Tremont Mortgage Trust logo

Tremont Mortgage Trust, a newly formed commercial mortgage REIT managed by RMR Group, raised $50 million by offering 2.5 million shares at $20. The company had originally planned to sell 4.5 million shares. Tremont Mortgage Trust plans to list on the Nasdaq...read more

US IPO Weekly Recap: 6 new filings signal an active fall

BSTI

No IPOs priced during the shortened holiday week, but new filing activity remained strong: there have been 15 filings over the past two weeks, signaling a busy October. Six companies set terms this week, including Alibaba-backed logistics...read more

US IPO Week Ahead: A unicorn hunter takes aim at $500 million in a week with 2 IPOs

ROKU

After the year's longest stretch without an IPO, two companies are set to raise a combined $590 million in the week ahead. Blank check company Social Capital Hedosophia leads the way with a $500 million offering; newly-formed mortgage REIT Tremont Mortgage Trust...read more

Tremont Mortgage Trust sets terms for $90 million IPO

Tremont Mortgage Trust logo

Tremont Mortgage Trust, a newly-formed commercial mortgage REIT controlled by RMR Group, announced terms for its IPO on Wednesday. The Newton, MA-based company plans to raise $90 million by offering 4.5 million shares at a price of $20. RMR Group plans to...read more