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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

The RMR Group Named a Top Place to Work by The Boston Globe for the Fourth Consecutive Year

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The RMR Group (Nasdaq: RMR) has been recognized as one of the Top Places to Work in Massachusetts by The Boston Globe for the fourth consecutive year. The program, based on employee surveys, acknowledges organizations with positive ratings for culture, growth prospects, career development, and benefits. In 2023, almost 76,000 employees at nearly 350 companies in Massachusetts took part.
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Diversified Healthcare Trust Provides Monthly SHOP Performance Update

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Diversified Healthcare Trust (DHC) provided a concerning update on the performance of its Senior Housing Operating Portfolio (SHOP) segment. The October 2023 results showed significant declines compared to 2019, with occupancy at 79.9%, 600 basis points below 2019, and revenue down by 7.4%. Year-to-date results were even worse, with occupancy at 78.5%, 790 basis points below 2019, and a 62.0% decline in net operating income.
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The RMR Group Announces Retirement of Executive Vice President Jennifer Francis

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RMR Group (Nasdaq: RMR) Announces New Development Project in Newton, Mass
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Diversified Healthcare Trust Appoints Christopher Bilotto as President and Chief Executive Officer Effective January 1, 2024

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Diversified Healthcare Trust (Nasdaq: DHC) Announces New Acquisition in Newton, Mass. DHC has acquired a new property in Newton, Mass., expanding its real estate portfolio in the healthcare sector. The acquisition aligns with DHC's strategy to grow its presence in key markets and diversify its holdings. The property is leased to a leading healthcare provider, adding stable income to DHC's portfolio. This acquisition demonstrates DHC's commitment to strategic expansion and long-term value creation in the healthcare real estate sector.
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The RMR Group Inc. Announces Fourth Quarter Fiscal 2023 Results

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The RMR Group Inc. (Nasdaq: RMR) has announced its financial results for the fiscal quarter ended September 30, 2023. The press release includes details on the company's performance and can be accessed on RMR’s website. A conference call to discuss the fiscal fourth quarter results will be held on November 16, 2023. The call can be accessed via phone or through a live audio webcast on RMR’s website.
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Service Properties Trust Prices $1.0 Billion of Senior Secured Notes Due 2031

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Service Properties Trust (Nasdaq: SVC) announces the redemption of $1.2 billion of senior unsecured notes maturing in 2024. The company has priced $1.0 billion aggregate principal amount of 8.625% senior secured notes due 2031, guaranteed by certain subsidiaries and secured by first-priority liens on equity interests of subsidiaries that own and lease 70 travel center properties. The net proceeds of approximately $965.0 million will be used for the repayment of outstanding debt. SVC also plans to fund the early redemption of its outstanding 4.650% Senior Notes due March 2024 and 4.350% Senior Notes due October 2024 with the net proceeds from the secured senior notes offering and cash on hand.
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Service Properties Trust Announces Third Quarter 2023 Results

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Service Properties Trust (Nasdaq: SVC) announced its financial results for the quarter ended September 30, 2023. The full release can be found on SVC's website. A conference call will be held on November 7, 2023, at 10:00 a.m. ET, which can be accessed by dialing (877) 329-3720. A replay of the call will be available for one week. A live audio webcast will also be available on SVC's website.
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Diversified Healthcare Trust Announces Third Quarter 2023 Results

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Diversified Healthcare Trust (Nasdaq: DHC) has released its financial results for Q3 2023. The full report can be found on DHC's website. A conference call to discuss the results will be held on November 2, 2023. The call can be accessed via dial-in or through a live audio webcast on DHC's website.
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Seven Hills Realty Trust Announces Third Quarter 2023 Results

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Seven Hills Realty Trust (Nasdaq: SEVN) has released their financial results for the quarter and nine months ended September 30, 2023. The results can be found on SEVN's website. A conference call to discuss the third quarter results will be held on November 1, 2023.
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Office Properties Income Trust Announces Third Quarter 2023 Results

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Office Properties Income Trust (OPI) announced its financial results for Q3 2023. The results can be found on OPI's website. A conference call to discuss the results will be held on October 31, 2023.
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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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