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Tremont Mortgage Trust closes $ 15.3 million bridging loan to refinance Prime Center at Northridge Office Park in Westminster, Colorado

NEWTON, Mass .– (BUSINESS WIRE) –Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $ 15.3 million senior variable rate bridge loan to refinance Prime Center at the Northridge office park. The building is comprised of two adjacent multi-tenant single-storey office buildings totaling approximately 125,000 square feet located …

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Virus Adds Customers to Online Loan Sites

NEW YORK – Some small businesses forced to turn to online lenders for pandemic relief are making these niche players a bigger part of their financial game plan and are even considering getting rid of their traditional banks altogether. Loans from online lenders have saved thousands of small business owners …

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Lessons on loan quality from 2020

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect when it comes to loan quality and risk management. this year. HousingWire: What has the mortgage industry learned from an operational perspective over the past year? …

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