Posted on 8113
RMR Mortgage Trust (Nasdaq: RMRM) today announced that the Securities and Exchange Commission, or SEC, has issued an order granting RMRM’s request to deregister as an investment company under the Investment Company Act of 1940, or the Deregistration Order. The issuance of the Deregistration Order enables RMRM to proceed with full implementation of its new business mandate to operate as a commercial mortgage REIT. As a commercial mortgage REIT, RMRM is focused primarily on originating and investing in first mortgage whole loans secured by middle market and transitional commercial real estate. To date, RMRM has liquidated all of its legacy investment securities and has closed five loans totaling $111.7 million in aggregate commitments.