Partners Ii, Urban, a major owner of PMC Commercial Trust, recently disposed of 26,181,818 shares of the company. The disposals took place at $22.00 per share, on June 12, 2017. Urban still owns 55,718,648 shares of the company. Urban operates out of Los Angeles, CA. Some additional info was provided as follows:

Urban Partners II, LLC sold 26,181,818 shares of Common Stock to the issuer in a privately negotiated transaction.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

PMC Commercial Trust just filed a prospectus, suggesting it plans to soon issue some securities - March 16, 2018
PMC Commercial Trust Just Filed Its Annual Report: Earnings per Share (... - March 12, 2018
Registration of securities issued by real estate companies - Feb. 23, 2018

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