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The RMR Group Inc. (NASDAQ: RMR) operates as a holding company conducting its business through its subsidiary, The RMR Group LLC. Founded in 1986, The RMR Group is a renowned alternative asset management company primarily focusing on real estate and related businesses. As of December 31, 2016, the company managed approximately $27.2 billion in total assets, including over 1,400 properties, and employed more than 450 real estate professionals across more than 30 offices throughout the United States. Collectively, the companies managed by The RMR Group LLC had over 53,000 employees.
Core Business
The RMR Group provides comprehensive management services to four publicly traded real estate investment trusts (REITs), three real estate operating companies, one real estate securities mutual fund, and a commercial real estate finance firm. This extensive portfolio showcases the company's depth in managing diverse real estate assets.
Key Operations
The company's operations are segmented into RMR LLC and All Other Operations. Its revenue streams primarily include business and property management services, along with advisory and other related services.
Recent Achievements and Current Projects
- Service Properties Trust: Consistent performance and expansion in hospitality and net lease real estate sectors.
- Office Properties Income Trust: Focused on acquiring, owning, and leasing office spaces, catering to top-tier clients.
- Diversified Healthcare Trust: Specializing in the acquisition and management of healthcare-related properties, ensuring robust healthcare infrastructure.
Partnerships and Financial Condition
The RMR Group has built strategic partnerships with multiple stakeholders in the real estate sector, enhancing its capability to deliver superior management services. Its substantial asset base and diversified revenue streams underline the company's strong financial position.
For more information on The RMR Group, please visit www.rmrgroup.com.
The RMR Group announced its financial results for the fiscal quarter ended September 30, 2024. The company will hold a conference call to discuss these results on November 12, 2024 at 10:00 a.m. Eastern Time. Interested parties can access the call by dialing (844) 481-2945 from the U.S. and Canada, or (412) 317-1868 from other locations. A replay will be available for one week using passcode 4257057. Additionally, a live audio webcast will be available on RMR's website.
Service Properties Trust (Nasdaq: SVC) has released its financial results for Q3 2024. The real estate investment trust manages a portfolio valued at over $11 billion, consisting of 214 hotels with over 36,000 guest rooms across the United States, Puerto Rico, and Canada, along with 745 service-focused retail net lease properties covering more than 13.3 million square feet throughout the United States. SVC is managed by The RMR Group, which has nearly $41 billion in assets under management as of September 30, 2024.
Diversified Healthcare Trust (Nasdaq: DHC) announced its financial results for the third quarter ended September 30, 2024. The company has made the detailed results available on their website in the Quarterly Reports section.
A conference call to discuss the results is scheduled for Tuesday, November 5, 2024, at 10:00 a.m. Eastern Time. Investors can access the call via phone or through a live audio webcast on DHC's website.
Office Properties Income Trust (Nasdaq: OPI) has announced its financial results for the third quarter ended September 30, 2024. The detailed results are available on the company's website in the Quarterly Results section. A conference call to discuss the results is scheduled for Thursday, October 31, 2024, at 10:00 a.m. Eastern Time, accessible via phone or webcast through the company's website.
Industrial Logistics Properties Trust (ILPT) announced its financial results for Q3 2024, ending September 30. The company will host a conference call on October 30, 2024, at 10:00 a.m. Eastern Time to discuss the results. Investors can access the call by dialing (877) 418-4826 or (412) 902-6758 for international callers. A replay will be available for one week by dialing (877) 344-7529 with pass code 4340081. A live audio webcast will be available on ILPT's website, with an archived version accessible after the call.
The RMR Group (Nasdaq: RMR) has rescheduled its fiscal fourth quarter 2024 conference call to Tuesday, November 12, 2024, at 10:00 a.m. Eastern Time, one day earlier than previously planned. Financial results will be released after Nasdaq closes on Monday, November 11, 2024. President and CEO Adam Portnoy and CFO Matt Jordan will host the call. The conference call can be accessed at (844) 481-2945 for US/Canada callers and (412) 317-1868 for international callers. A replay will be available until November 19, 2024, and a live audio webcast will be accessible on www.rmrgroup.com.
Seven Hills Realty Trust (Nasdaq: SEVN) has announced its financial results for Q3 2024 and the nine months ended September 30, 2024. The company will host a conference call to discuss these results on Tuesday, October 29, 2024, at 11:00 a.m. Eastern Time. The call will be accessible via telephone at (866) 739-7850 for U.S. callers and (412) 317-6592 for international callers. A replay will be available until November 5, 2024, and a live audio webcast will be accessible on SEVN's website.
Seven Hills Realty Trust (Nasdaq: SEVN) has declared a regular quarterly cash distribution of $0.35 per common share, which equates to an annual distribution of $1.40 per share. This dividend will be paid to shareholders of record as of the close of business on October 28, 2024, with the distribution expected to be made on or about November 14, 2024. This announcement demonstrates SEVN's commitment to providing regular returns to its shareholders through dividend payments.
The RMR Group Inc. (Nasdaq: RMR) has announced a regular quarterly cash distribution of $0.45 per share on its Class A Common Stock and Class B-1 Common Stock. This distribution equates to $1.80 per share annually. The dividend will be paid to shareholders of record as of October 28, 2024, with the distribution scheduled for on or about November 14, 2024. This announcement demonstrates RMR's commitment to providing regular returns to its shareholders.
Diversified Healthcare Trust (Nasdaq: DHC) has announced a regular quarterly cash distribution on its common shares. The distribution amount is set at $0.01 per common share, which equates to $0.04 per share annually. This dividend will be paid to DHC's common shareholders who are on record as of the close of business on October 28, 2024. The distribution is scheduled to be distributed on or around November 14, 2024.
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