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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.
Diversified Healthcare Trust (Nasdaq: DHC) announced a conference call on May 9, 2023, at 11:00 a.m. ET, featuring CEO Jennifer Francis and CFO Richard Siedel to discuss first quarter results. A press release with financial results will be issued on May 8, 2023, after Nasdaq closes. The call can be accessed at (877) 329-4297 or (412) 317-5435 for international participants. A live audio webcast will be available on the company’s website, with replays until May 16, 2023. As of December 31, 2022, DHC's portfolio is valued at approximately $7.1 billion, including 379 properties across 36 states.
Industrial Logistics Properties Trust (Nasdaq: ILPT) has announced its financial results for the quarter ending March 31, 2023. The company operates a portfolio of 413 properties totaling approximately 60 million rentable square feet, primarily serving the e-commerce sector. As of the end of Q1 2023, about 78% of ILPT’s annualized rental revenues come from investment-grade tenants or subsidiaries of such entities. The company is managed by The RMR Group (Nasdaq: RMR), which has over $37 billion in assets under management. A conference call to discuss these results is scheduled for April 26, 2023, at 10:00 a.m. ET, with access via phone or live audio on ILPT's website.
Seven Hills Realty Trust (Nasdaq: SEVN) reported its financial results for the quarter ended March 31, 2023. The details can be found on their website. A conference call discussing the results is scheduled for April 25, 2023, at 11:00 a.m. Eastern Time. Investors can join via phone or listen to a live audio webcast on the SEVN site. Seven Hills Realty Trust operates as a real estate investment trust (REIT), focusing on first mortgage loans secured by middle market and transitional commercial real estate. It is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), which has over $37 billion in assets under management and extensive experience in commercial real estate.
The RMR Group (Nasdaq: RMR) announced its fiscal second quarter 2023 financial results will be released after market close on May 3, 2023. A conference call hosted by President and CEO Adam Portnoy and CFO Matt Jordan will take place on May 4, 2023, at 10:00 a.m. ET to discuss the results. Interested participants can join the call by dialing (877) 270-2148 or (412) 902-6510 for international callers. A replay will be available until May 11, 2023. Additionally, a live audio webcast will be accessible on the company’s website. The RMR Group specializes in alternative asset management focusing on commercial real estate, managing over $37 billion in assets with a team of approximately 600 professionals nationwide.
Seven Hills Realty Trust (Nasdaq: SEVN) announced that it will release its first quarter 2023 financial results after Nasdaq closes on April 24, 2023. A conference call, hosted by President Tom Lorenzini and CFO Tiffany Sy, will take place on April 25, 2023, at 11:00 a.m. ET to discuss these results. Participants can join the call by dialing (866) 739-7850 for U.S. callers or (412) 317-6592 for international participants. A replay will be available until May 2, 2023. Additionally, a live audio webcast will be accessible on the company’s website. Seven Hills Realty Trust originates and invests in first mortgage loans secured by middle market and transitional commercial real estate, and is managed by Tremont Realty Capital, affiliated with The RMR Group (Nasdaq: RMR).
Diversified Healthcare Trust (Nasdaq: DHC) will release its first quarter 2023 financial results on May 8, 2023, after the market closes. A conference call led by President Jennifer Francis and CFO Richard Siedel will take place on May 9, 2023, at 10:00 a.m. ET to discuss the results. Participants can join the call by dialing (877) 329-4297 or (412) 317-5435 for international callers, without a passcode. A replay will be accessible until May 16, 2023, by calling (412) 317-0088 with the passcode 1757726. The call will also be available via live audio webcast on DHC's website, with an archived version for later replay. Diversified Healthcare Trust is focused on high-quality healthcare properties, managing a portfolio valued at approximately $7.1 billion as of December 31, 2022, encompassing 379 properties across the U.S.
Service Properties Trust (Nasdaq: SVC) announced it will release its Q1 2023 financial results on
Service Properties Trust is a REIT with over
Office Properties Income Trust (Nasdaq: OPI) has announced the release of its first quarter 2023 financial results, scheduled for April 26, 2023, after Nasdaq's market closes. A conference call hosted by President Christopher Bilotto and CFO Matthew Brown will follow on April 27, 2023, at 10:00 a.m. ET to discuss these results. Investors can join the call by dialing (877) 328-1172 or (412) 317-5418 for international participants. A replay will be available until May 4, 2023, at 11:59 p.m. ET. As of December 31, 2022, OPI owned 160 properties across 30 states and Washington, D.C., generating approximately 63% of revenues from investment-grade rated tenants. The company has been recognized as an Energy Star Partner of the Year for six consecutive years, highlighting its commitment to sustainable practices.
Industrial Logistics Properties Trust (Nasdaq: ILPT) announced it will release its first quarter 2023 financial results on April 25, 2023, after market close. A conference call is scheduled for April 26, 2023, at 10:00 a.m. ET, featuring President Yael Duffy and CFO Brian Donley to discuss the results. Investors can participate via telephone or listen through a live webcast on the company's website. As of December 31, 2022, ILPT managed a portfolio of 413 properties with approximately 60.0 million rentable square feet across 39 states, with over 78% of annualized rental revenues from investment-grade tenants. The company is managed by The RMR Group, which oversees more than $37 billion in assets. For more information, visit ILPT's website.
The RMR Group has announced a quarterly cash distribution of $0.40 per share for its Class A Common Stock and Class B-1 Common Stock, equating to an annualized amount of $1.60 per share. This distribution will be paid to shareholders of record as of April 24, 2023, with an expected payment date of May 18, 2023. RMR, focused on alternative asset management with significant expertise in commercial real estate, manages over $37 billion in assets through a strong team of approximately 600 professionals across more than 30 offices nationwide. Established in 1986 and headquartered in Newton, MA, RMR emphasizes its commitment to providing value to its shareholders through consistent dividend payments.
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