UNLOCK THE POWER OF THE VAULT

Two New Finance REITs Launch

September 27, 2017

Two New Finance REITs Launch

September 20, 2017 | Mark Heschmeyer | CoStar.com

Green plant shoot with ladybug growing from coins

The ranks of alternative CRE lenders continue to grow as two new REITs launched this week: FS Credit Real Estate Income Trust, a nontraded REIT, and Tremont Mortgage Trust, publicly traded on the Nasdaq Exchange. 

FS Credit REIT
FS Credit Real Estate Income Trust commenced operations and cut its first two deals. The nontraded REIT continues to offer shares seeking to raise a maximum amount of $2.75 billion. 

Already this week, Philadelphia-based FS Credit REIT closed a $34.31 million senior floating-rate mortgage loan secured by a portfolio of seven office buildings totaling 492,559 square feet in Memphis, TN, adjacent to the Federal Express Corp. world headquarters and Southwind PGA Golf Course. 

Read Full Article Here

 

didyouknow_sponsorfocus-green

Learn more about FS Investments on the Blue Vault Sponsor Focus page.

Click Here

 

recent-news

FS Investments promotes Mike Kelly to president

FS Investments Closes on More Than $1.7 Billion of Middle Market Commitments in the Fourth Quarter

 

 

Print Friendly, PDF & Email
Go Back
Thomas E. Burns, III
July 29, 2015
February 22, 2016

I subscribe to Blue Vault to keep up with the sponsors and their wholesalers! The analysis keeps me up to date with the various portfolios and the way they are managed, including the differences between them.