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2024 Top Mortgage Brokers & Lenders Awards
Lenders
Tremont Realty Capital
Financing volume
$137 million
Originates and invests in loans secured by middle market and transitional CRE
Two out of five 2023 loans were to repeat customers
Tremont Realty Capital LLC, the commercial real estate finance division of The RMR Group LLC, provides loans to owners of middle market CRE. In 2023, Tremont originated $137 million in first mortgage bridge loans across five transactions to facilitate the acquisition or refinancing of hospitality, self-storage, industrial and student housing properties. This activity occurred amid a challenging environment in which many mortgage REITs took a more conservative approach to CRE lending.
With a team including SVP Tom Lorenzini, managing director David Ross, senior director Saurabh Mahajan and director Duncan Satherlie, Tremont is a direct lender. It originates and invests in loans secured by middle market and transitional CRE on behalf of its capital sources, including Seven Hills Realty Trust (SEVN), a mortgage REIT.
The Tremont team takes pride in the relationships they build with sponsors, and in 2023, two loans out of the five total loans funded were to repeat customers. As of March 31, 2024, no loans on SEVN’s balance sheet were in monetary default or non-accrual.
These are some of the reasons we selected Tremont Realty Capital for inclusion in the 2024 Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance.
