Firm News & Market Perspectives

Tremont Realty Capital Closes $24.3 Million First Mortgage Loan to Refinance a Retail Property in Park City, UT

Kimball on Main, a 25,000 square foot retail property located in Park City, Utah, benefits from strong foot traffic generated by both local residents and year-round tourism, as well as significant barriers to entry driven by restrictive zoning which limits new development within the historic downtown corridor.

Tremont Realty Capital Closes $22.7 Million First Mortgage Loan to Refinance a Medical Office Property in Sugar Land, TX

The property is located in an affluent Houston suburb with strong demographic fundamentals and benefits from its proximity to leading healthcare providers and outpatient services. The loan has a three-year initial term with two one-year extension options, subject to the borrower satisfying certain conditions.

Tremont Realty Capital Closes Two First Mortgage Loans Totaling $52.3 Million and Receives Office Loan Repayment

Tremont announces the closing of two new first mortgage loans totaling approximately $52.3 million and the repayment of a $26.5 million loan secured by an office property in suburban Chicago.

Tremont Realty Capital Closes Two First Mortgage Loans Totaling $37.0 Million

A $19.5 million floating rate first mortgage loan to finance the acquisition of Town Center Plaza, a grocery-anchored retail property located in Palm Desert, California and a $17.5 million floating rate first mortgage loan to refinance SpringHill Suites Scottsdale, a 117-room extended stay hotel in Scottsdale, Arizona.

Tremont Realty Capital Closes Three First Mortgage Loans Totaling $101.3 Million

The loans include a $37.3 million first mortgage loan secured by Mazza Grandmarc, a student housing property in College Park, MD, a $37.0 million first mortgage loan secured by SpringHill Suites, a Marriott-branded hotel in Revere, MA, and a $27.0 million first mortgage loan secured by a 138,000 SF industrial property in Wayne, PA.

Tremont Realty Capital Closes $34.5 Million Mortgage Loan to Refinance a Mixed-Use Property on Manhattan’s Upper West Side

The loan has a two-year initial term with three one-year extension options, subject to the borrower satisfying certain conditions. Tremont Realty Capital was introduced to the transaction by Meridian Capital Group, an advisor to TPG Angelo Gordon and Premier Equities, who are sponsors of the deal.

Tremont Realty Capital Closes $18 Million Bridge Loan to Refinance a Multifamily Property in Boise, Idaho

The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by Berkadia, as advisor to RanchHarbor, the Newport Beach, California based sponsor.

Tremont Realty Capital Closes $28 Million Bridge Loan to Refinance an Industrial Property in San Antonio, Texas

The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by Cushman & Wakefield, which advised Grandview Partners, the Greenwich, Connecticut-based sponsor.

Tremont Realty Capital Closes $18.5 Million Bridge Loan to Refinance a Student Housing Property Near Baylor University

The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by JLL, which advised Shore to Shore Properties, Inc., the Sausalito, California-based sponsor.

Tremont Realty Capital Closes $31.2 Million Bridge Loan to Finance the Acquisition of a Student Housing Property Near Texas State University

The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by Walker & Dunlop, which advised Palladius Capital Management, the sponsor.

Tremont Realty Capital Closes $45.0 Million Bridge Loan to Finance the Acquisition of a Hotel in Boston, MA

The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by JLL, which advised Arch & Devonshire LLC, the borrower.

Tremont Realty Capital Closes $42.0 Million Bridge Loan to Refinance a Student Housing Property Near the University of Mississippi

The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by Newmark, which advised Shore to Shore Properties, Inc., the Sausalito, California-based sponsor.

Tremont Realty Capital Closes $16.0 Million Bridge Loan to Recapitalize a Hotel in Orlando, FL