First Commonwealth Mortgage Trust (the "Trust") is a Texas real estate investment trust. It was originally organized as a Massachusetts business trust in 1984 and was reformed in Texas as a real estate investment trust in 2008. The Trust was formed for the purpose of originating and purchasing real estate loans, trust deeds, mortgages or real estate lien promissory notes associated with real properties ("Mortgage Loans") located in the continental United States. The Trust's primary investment objective is to maximize cash distributions to its shareholders based on funds available for distribution, which includes funds provided from operations and, from time to time, gains realized on the sale of investments. The Trust was organized and has qualified as a real estate investment trust ("REIT") in accordance with federal tax laws and regulations. So long as the Trust complies with such laws and regulations, with limited exceptions, the Trust will not be taxed under federal income tax laws on that portion of its taxable income that it distributes to its shareholders. The Trust intends to distribute substantially all of its real estate investment trust taxable income to its shareholders.
View Top Employees from First Commonwealth Mortgage TrustWebsite | http://www.fcmt.net |
Revenue | $7 million |
Employees | View employees |
Address | 791 Town & Country Blvd, Ste 250, Houston, Texas 77024, US |
Phone | (713) 781-2856 |
Industry | Finance General, Finance |
SIC | SIC Code 61 Companies, SIC Code 616 Companies |
NAICS | NAICS Code 522 Companies, NAICS Code 52 Companies, NAICS Code 5223 Companies |
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The First Commonwealth Mortgage Trust annual revenue was $7 million in 2024.
First Commonwealth Mortgage Trust is based in Houston, Texas.
The NAICS codes for First Commonwealth Mortgage Trust are [522, 52, 5223].
The SIC codes for First Commonwealth Mortgage Trust are [61, 616].