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RMR Mortgage Trust Closes $39.2 Million First Mortgage Bridge Loan for the Acquisition of Two Cold Storage Facilities in New Hampshire

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) today announced the closing of a $39.2 million first mortgage floating-rate bridge loan financing the acquisition of two Class A cold storage industrial buildings located at 6 Rockingham Road and 219 Rockingham Road in Londonderry, New Hampshire. Upon closing, the properties were leased back to Highwood Cold Storage and Londonderry Freezer Warehouse, respectively. RMRM’s manager, Tremont Realty Capital, was introduced to the transaction by Cushman and Wakefield, which advised the sponsor, KPR.