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The RMR Group Inc. - RMR STOCK NEWS

Welcome to our dedicated page for The RMR Group news (Ticker: RMR), a resource for investors and traders seeking the latest updates and insights on The RMR Group stock.

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.

News

Seven Hills Realty Trust Announces Fourth Quarter 2023 Results

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Seven Hills Realty Trust (SEVN) releases financial results for the quarter and year ended December 31, 2023. A conference call to discuss the fourth quarter 2023 results is scheduled for February 21, 2024.
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Industrial Logistics Properties Trust Announces Fourth Quarter 2023 Results

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Industrial Logistics Properties Trust (ILPT) announced its financial results for Q4 2023. The company will hold a conference call on February 21, 2024. Details can be found on ILPT's website.
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Office Properties Income Trust Announces Fourth Quarter 2023 Results

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Office Properties Income Trust (OPI) announces financial results for Q4 2023. A conference call to discuss the results is scheduled for February 16, 2024.
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Office Properties Income Trust Closes $300 Million Offering of Senior Secured Notes Due 2029

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Office Properties Income Trust (OPI) announced the offering of $300 million of 9.000% senior secured notes due 2029, guaranteed by subsidiaries and secured by first-priority liens. The net proceeds of approximately $272 million will be used to redeem $350 million of 4.250% Senior Unsecured Notes due 2024. The redemption date is March 9, 2024, with the redemption price paid on March 11, 2024. Joint book-running managers for the offering include B. Riley Securities, Barclays, BMO Capital Markets, and others.
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Office Properties Income Trust Prices $300 Million of Senior Secured Notes Due 2029

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Office Properties Income Trust (OPI) announced the pricing of $300 million of 9.000% senior secured notes due 2029, with the net proceeds expected to be approximately $272 million. The company plans to use the proceeds, along with borrowings under its secured revolving credit facility, to redeem $350 million of its 4.250% Senior Unsecured Notes due 2024. The redemption date is set for March 9, 2024, with the redemption price to be paid on March 11, 2024. The new notes have not been registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and non-U.S. investors in compliance with Regulation S under the Securities Act.
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The RMR Group Inc. Announces First Quarter Fiscal 2024 Results

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The RMR Group Inc. (Nasdaq: RMR) announced its financial results for the fiscal quarter ended December 31, 2023. A conference call to discuss the results will be held on February 8, 2024. The full release and multimedia can be accessed on RMR's website.
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Service Properties Trust Fourth Quarter 2024 Conference Call Scheduled for Thursday, February 29th

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Service Properties Trust (SVC) will release its fourth quarter 2023 results on February 28, 2024, after the Nasdaq closes. The press release will provide important financial data for investors and traders to analyze the company's performance.
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Diversified Healthcare Trust Provides Monthly SHOP Performance Update

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Diversified Healthcare Trust (DHC) provided an update on its Senior Housing Operating Portfolio (SHOP) segment, reporting a decline in occupancy and revenue for December 2023 compared to December 2019. The monthly unaudited results showed an 80.0% occupancy, 580 basis points below December 2019, and a $96.0 million revenue, $6.4 million or 6.2% below December 2019. The net operating income (NOI) was $2.8 million, 77.9% below December 2019. Year to date results through December 31, 2023, also saw a decline in occupancy, revenue, and NOI compared to the same period in 2019.
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Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities

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Office Properties Income Trust (OPI) announced the replacement of its prior $750 million unsecured revolving facility with a new $325 million secured revolving credit facility and $100 million secured term loan. The Facilities have a maturity date of January 29, 2027, with an extension option for the revolving credit facility. The interest rate is set at SOFR plus a margin of 3.50%, and the Facilities are secured by 19 office properties with a gross carrying value of $942 million. Wells Fargo Securities, LLC, BofA Securities, Inc., and Citibank, N.A. are the Joint Lead Arrangers and Joint Lead Bookrunners for the Facilities, with Wells Fargo Bank, N.A. serving as the Administrative Agent. OPI currently has $232 million outstanding on the Facilities and $193 million available for borrowing.
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Diversified Healthcare Trust Fourth Quarter 2023 Conference Call Scheduled for Tuesday, February 27th

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Diversified Healthcare Trust (DHC) is set to release its fourth quarter 2023 financial results on February 26, 2024, after the Nasdaq closes. The press release will provide insights into the company's financial performance and future outlook.
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FAQ

What is the current stock price of The RMR Group (RMR)?

The current stock price of The RMR Group (RMR) is $22.01 as of November 22, 2024.

What is the market cap of The RMR Group (RMR)?

The market cap of The RMR Group (RMR) is approximately 370.9M.

What does The RMR Group Inc. do?

The RMR Group Inc. is a holding company that provides management services to REITs and real estate-related operating companies.

When was The RMR Group Inc. founded?

The RMR Group Inc. was founded in 1986.

What are the core operations of The RMR Group Inc.?

The core operations include business and property management services, advisory services, and managing REITs and real estate-related businesses.

How significant are The RMR Group's assets under management?

As of December 31, 2016, The RMR Group managed approximately $27.2 billion in total assets.

What types of properties does The RMR Group manage?

The RMR Group manages over 1,400 properties across various real estate sectors including office spaces, healthcare facilities, hospitality, and commercial real estate.

How many employees work under The RMR Group LLC?

The companies managed by The RMR Group LLC collectively employed over 53,000 people.

Where is The RMR Group headquartered?

The RMR Group operates through more than 30 offices located throughout the United States.

What is The RMR Group's revenue model?

The RMR Group derives its revenue from business and property management services, as well as advisory and other related services.

Which publicly traded REITs does The RMR Group manage?

The RMR Group manages four publicly traded REITs including Service Properties Trust and Office Properties Income Trust.

Where can I find more information about The RMR Group?

More information can be found on their official website: www.rmrgroup.com.

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The RMR Group Inc.

Nasdaq:RMR

RMR Rankings

#3366 Ranked by Market Cap
#284 Ranked by Dividends

RMR Stock Data

370.92M
15.23M
3.25%
78.52%
1.26%
Real Estate Services
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