Tag Archives: tpt

Terra Property (TPT) and Western Asset Mortgage (WMC) Merger

Terra Property Trust, Inc. (TPT) a commercial estate REIT and Western Asset Mortgage Capital Corporation (WMC) a mortgage REIT announced at the end of June 2023 they would enter into a definitive merger agreement under which TPT and WMC would combine to form one big REIT with total assets reaching $1.2 billion and $436 million […]