STOCK TITAN

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.

Rhea-AI Summary

Service Properties Trust (Nasdaq: SVC) has priced $610.2 million in net lease mortgage notes to refinance its $500 million senior notes due in June 2023. This transaction, secured by 308 retail properties valued at approximately $1 billion with annual rents of $65.3 million, is expected to close on February 10, 2023. The weighted average coupon for the notes is 5.60%. Additionally, SVC plans to redeem its existing senior notes at an expected price of $500 million plus interest by March 8, 2023, funded by the new mortgage notes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.41%
Tags
none
-
Rhea-AI Summary

The RMR Group reported its fiscal Q1 2023 financial results, highlighting significant asset management with over $37 billion under management. A conference call discussing these results is scheduled for February 3, 2023, at 10:00 a.m. ET. The firm is recognized for its expertise in commercial real estate (CRE) management and has a workforce of approximately 600 professionals across 30 offices in the U.S. The company’s long-standing history in the sector, with over 35 years of experience, supports its strategic positioning and operational capabilities in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.24%
Tags
-
Rhea-AI Summary

Seven Hills Realty Trust (Nasdaq: SEVN) announced the final income tax reporting characterizations of its dividends for 2022. Shareholders can expect a total of $1.00 per share, with the dividends distributed across various categories: Ordinary Income, Qualified Dividends, and Unrecaptured Section 1250 Gain, along with a return of capital. The dividend payment dates included declaration on January 13, record on January 24, and payment on February 17, April 25, July 25, and October 24, highlighting a consistent payout strategy aimed to enhance shareholder value. The information serves as a guide for tax reporting via IRS Form 1099-DIV.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
dividends
Rhea-AI Summary

Diversified Healthcare Trust (Nasdaq: DHC) announced the dividend characterization for 2022 tax reporting. The company declared dividends totaling $0.0400 per share for the year. Key dates included declaration on January 13, 2022, and payment on February 17, 2022. The dividends consist of ordinary income, with a section 199A dividend amounting to $0.0056. Shareholders are advised to refer to IRS Form 1099-DIV for tax reporting. As of September 30, 2022, DHC's portfolio was valued at approximately $7.0 billion, covering 379 properties across 36 states and D.C., with over 27,000 senior living units.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
dividends
-
Rhea-AI Summary

Service Properties Trust (Nasdaq: SVC) has announced the characterization of its dividends for 2022 for income tax reporting. Shareholders should reference IRS Form 1099-DIV for tax purposes. The total dividend allocated for the year is $0.23 per share, with individual payments of $0.01 on four occasions and $0.20 on one occasion. The dividends fall under various classifications, including ordinary income and capital gains. SVC currently manages over $11 billion in hotel and retail-focused net lease properties, showcasing its significant role in the real estate market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
dividends
-
Rhea-AI Summary

Office Properties Income Trust (Nasdaq: OPI) announced the characterization of its dividends for 2022 tax reporting. The total dividend per share for 2022 is $2.20, comprising various allocations including $0.8211 classified as ordinary income. Key dividend dates include declaration on January 13, record on January 24, and payment on February 17. Shareholders will need to refer to IRS Form 1099-DIV for tax reporting purposes. OPI focuses on office properties, with a significant portion of revenue from investment-grade tenants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
dividends
Rhea-AI Summary

Office Properties Income Trust (Nasdaq: OPI) will release its fourth quarter 2022 financial results on February 15, 2023, after Nasdaq closes. A conference call will be held on February 16, 2023, at 10:00 a.m. Eastern Time, hosted by President Christopher Bilotto and CFO Matthew Brown. Participants can join the call at (877) 328-1172 for U.S. callers or (412) 317-5418 for international callers. A replay will be available until February 23, 2023. OPI is a REIT specializing in office properties, comprising approximately 21.2 million square feet across more than 160 properties, with significant revenues sourced from investment-grade tenants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.29%
Tags
none
-
Rhea-AI Summary

Industrial Logistics Properties Trust (Nasdaq: ILPT) will report its fourth quarter 2022 financial results post-market on February 14, 2023. A conference call to discuss these results is scheduled for February 15, 2023, at 10:00 a.m. ET, featuring President Yael Duffy and CFO Brian Donley. The call can be accessed at (877) 418-4826 for U.S. participants and (412) 902-6758 for international callers. A replay will be available until February 22, 2023, at (412) 317-0088, using pass code 9022133. As of September 30, 2022, ILPT owned 413 properties covering around 60 million square feet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
-
Rhea-AI Summary

Seven Hills Realty Trust (Nasdaq: SEVN) will release its fourth quarter 2022 financial results on February 13, 2023, after the market closes. A conference call featuring President Tom Lorenzini and CFO Tiffany Sy will be held on February 14, 2023, at 11:00 a.m. ET to discuss these results. The call can be accessed via telephone or through a live audio webcast on the company’s website. A replay of the call will be available until February 21, 2023. Seven Hills Realty Trust specializes in financing first mortgage loans for commercial real estate and is managed by Tremont Realty Capital, affiliated with The RMR Group.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
Rhea-AI Summary

Diversified Healthcare Trust (Nasdaq: DHC) announced a regular quarterly cash distribution of $0.01 per common share, amounting to $0.04 annually. This distribution will be paid to shareholders of record by the close of business on January 23, 2023, with payments expected on or about February 16, 2023. As of September 30, 2022, DHC's portfolio was valued at approximately $7.0 billion and included 379 properties across 36 states and Washington, D.C., highlighting its diversified presence in the healthcare real estate sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
Tags
dividends

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.

The RMR Group Inc.

Nasdaq:RMR

RMR Rankings

RMR Stock Data

370.92M
15.23M
3.25%
78.52%
1.26%
Real Estate Services
Services-management Consulting Services
Link
United States of America
NEWTON