{"id":2907,"date":"2017-09-07T10:32:02","date_gmt":"2017-09-07T14:32:02","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2907"},"modified":"2017-09-07T10:36:31","modified_gmt":"2017-09-07T14:36:31","slug":"tremont-mortgage-trust-ipo-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/tremont-mortgage-trust-ipo-preview\/","title":{"rendered":"Tremont Mortgage Trust IPO Preview"},"content":{"rendered":"

Company: Tremont Mortgage Trust<\/strong>
\nSymbol: TRMT
\nDescription: They are a real estate finance company that plans to focus primarily on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate, or CRE. \u00a0<\/span>
\nShares: 4.5 million
\nPrice Range: $20.00-$20.00
\nTrade Date:\u00a09\/14
\nUnderwriter(s): UBS Investment Bank, Citigroup, RBC Capital Markets<\/span>
\nCo-Manager: BB&T Capital Markets, FBR, Janney Montgomery Scott, Oppenheimer & Co.<\/span><\/p>\n

Link to S-1\/A Prospectus<\/a><\/strong><\/h2>\n

\"TremontMortgage\"<\/a><\/p>\n

Investor Access:<\/b> This deal can be accessed via the three\u00a0main underwriters and the four co-managers\u00a0on the offering.\u00a0<\/span><\/p>\n

Business:\u00a0<\/b>They expect their primary focus will be originating and investing in floating rate first mortgage loans of less than $50.0\u00a0million, our target investments will also include subordinated mortgages, mezzanine loans and preferred equity interests in entities that own middle market and transitional CRE.<\/p>\n

GRAPHIC: $4.6\u00a0BILLION OF HISTORICAL CRE FINANCING TRANSACTIONS ORIGINATED BY THE TREMONT BUSINESS FOR ITS CLIENTS<\/span><\/p>\n

\"Screen<\/a><\/p>\n

Distribution Policy: <\/strong>They\u00a0intend to pay regular quarterly distributions to our shareholders albeit the distribution was not disclosed.<\/p>\n

Comp \/ Sector Performance: <\/b>\u00a0Data as of 9\/7\/17 (10:31am EST)<\/span><\/p>\n

\"REITS2017<\/a><\/p>\n

Book-Building Status:<\/b> The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/span><\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information. <\/span><\/a><\/p>\n

Conclusion:<\/b> IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a<\/span> track record <\/span><\/a>with our performance for last 12 years at our website. Additionally, we have our latest performance results with commentary from the month of May by <\/span>clicking here<\/span><\/a>.<\/span><\/p>\n

Indicate with confidence, <\/b>SUBSCRIBE<\/b><\/a> today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Tremont Mortgage Trust Symbol: TRMT Description: They are a real estate finance company that plans to focus primarily on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate, or CRE. \u00a0 Shares: 4.5 million Price Range: $20.00-$20.00 Trade Date:\u00a09\/14 Underwriter(s): UBS Investment Bank, Citigroup, RBC Capital Markets[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1289],"class_list":["post-2907","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-trmt"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=2907"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2907\/revisions"}],"predecessor-version":[{"id":2913,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2907\/revisions\/2913"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}