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Boston & New England  + Metro Boston  + Finance  | 
RMR Mortgage Trust headquarters Two Newton Place Newton MA mortgage REIT merger

Shareholders Sign Off on Merger of RMR Mortgage Trust, Tremont Mortgage Trust

Shareholders of RMR Mortgage Trust (RMRM) and Tremont Mortgage Trust (TRMT) have approved the merger of RMRM and TRMT, the two Newton, MA-based companies said Monday.  The merger is expected to become effective Sept. 30.  

As part of the merger, the combined company will change its name to Seven Hills Realty Capital and will trade on the Nasdaq under the ticker SHRC. 

The merger is expected to create a more diversified commercial mortgage real estate investment trust focused on middle market transitional bridge loans with assets expected to approach $1 billion when fully invested. With  increased scale and an expanded capital base, the combined company is expected to be better positioned to access capital markets, increase operating efficiency, and deliver more attractive risk-adjusted returns for shareholders. 

Currently, RMRM and TRMT are both managed by an affiliate of the RMR Group, also headquartered in Newton. 


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition