Tremont Mortgage Trust Closes on Bridge Loan to Finance $19MM Acquisition of Parallax Apartments in Portland

(EDITOR’S NOTE: According to public records that just recently recorded, the sale of the asset closed on July 30, 2021. The complex sold for $19 million, or about $287,879 per unit. The buyer of the property was an entity affiliated with a private investor based in La Jolla, Calif. ) NEWTON, Mass.--Tremont Mortgage Trust announced the closing of […]