REBusinessOnline

RMR Mortgage Arranges $12.5M Acquisition Loan for 80 Main Apartments in Seattle

SEATTLE — RMR Mortgage Trust (NASDAQ: RMRM) has closed a $12.5 million first-mortgage, floating-rate bridge loan to finance Unico Properties’ acquisition of 80 Main, a multifamily property located at 80 S. Main St. in Seattle.

The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements. RMR’s manager, Tremont Realty Capital, was introduced to the transaction by IPA Capital Markets, a Marcus & Millichap company, which advised the sponsor.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties