Sullivan Represents Tremont Mortgage Trust in Merger with RMR Mortgage Trust

Press Release
April 28, 2021

Boston, MA – Sullivan announced today that it is representing Tremont Mortgage Trust (Nasdaq: TRMT), a real estate finance company that focuses on originating and investing in floating rate first mortgage whole loans secured by middle market and transitional commercial real estate, in its merger with RMR Mortgage Trust (Nasdaq: RMRM). The merger is expected to create a more diversified commercial mortgage real estate investment trust, or REIT, focused on middle-market transitional bridge loans with assets expected to approach $1 billion when fully invested.

The merger is expected to close during the third quarter of 2021, subject to the requisite approvals by RMRM and TRMT shareholders and other customary closing conditions.

Complete details of the deal are available in the company’s press release here.

About Sullivan
Sullivan & Worcester (Sullivan) is a leading AmLaw 200 law firm. With more than 200 attorneys in Boston, London, New York, Tel Aviv and Washington, DC, Sullivan combines the breadth of experience and sophistication you expect from a prominent, top-tier law firm with an unusually creative and flexible approach. Sullivan’s clients, including Fortune 500 companies and emerging businesses, rely on Sullivan’s strategic vision, comfort with complexity, and intense focus on results. Sullivan has represented clients around the world and has a deep bench for working on a variety of matters and issues affecting clients globally. For more information, please visit sullivanlaw.com.

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