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
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
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, 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
Tremont Mortgage prices downsized IPO at $20
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
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
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, 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