RMR Group Inc Stock Price, News & Analysis

Diversified Healthcare Trust (DHC) has secured a new $150 million revolving credit facility, backed by 14 senior housing communities comprising 2,632 living units managed by Five Star Senior Living. The facility features a four-year initial term with two six-month extension options and an interest rate of SOFR plus 250-300 basis points based on DHC's net leverage ratio. The financing values the communities at approximately $184,000 per unit. DHC has already repaid its 2025 notes using refinancing and asset sale proceeds. The new facility, arranged by Citibank with participation from major banks, enhances DHC's liquidity and financial flexibility while demonstrating the high quality of its senior living assets.

The RMR Group has appointed Mary Smendzuik as Senior Vice President and Head of Capital Formation, a newly created position focused on leading the company's private capital raising strategy and expanding institutional investor relationships. Smendzuik brings over 18 years of experience in investor relations and capital markets, previously serving as Senior Vice President at Torchlight Investors and holding a senior role at New York Life Real Estate Investors. The appointment aligns with RMR's strategy to diversify its client base and increase private capital assets under management. Smendzuik holds an MBA from the University of Michigan's Ross School of Business and a BA from Michigan State University.

Diversified Healthcare Trust (DHC) has secured $94.3 million in mortgage financings backed by six senior housing communities managed by Five Star Senior Living. The financing package includes a $64 million five-year mortgage at 6.57% interest secured by four communities (1,079 units, $171,000/unit value) and a $30.3 million ten-year Fannie Mae mortgage at 6.36% interest secured by two communities (465 units, $142,000/unit value). The proceeds, combined with cash reserves, will fully repay DHC's remaining $100 million 9.75% senior notes due June 2025. Since March 2025, DHC has secured $343 million in total mortgage financings across 27 SHOP communities, with average valuations of $174,000 per unit and 6.55% weighted average interest rate. Management plans to address 2026 note maturities through $330-380 million in asset sales and new financings.

Seven Hills Realty Trust (SEVN) announced its participation in Nareit's REITweek 2025 Investor Conference in New York. President and Chief Investment Officer Tom Lorenzini and CFO and Treasurer Matt Brown will deliver a presentation on Wednesday, June 4, 2025, at 10:15 a.m. Eastern Time. Investors can access a live audio webcast of the presentation through the company's website, with recommended login 15 minutes before the start time.

Service Properties Trust (Nasdaq: SVC) has announced its participation in Nareit's REITweek 2025 Investor Conference in New York. The company's President and CEO Chris Bilotto, along with CFO and Treasurer Brian Donley, will deliver a presentation on Wednesday, June 4, 2025, at 11:00 a.m. Eastern Time. Investors can access a live audio webcast of the presentation through the company's website at svcreit.com, with recommended login 15 minutes before the start time.

Diversified Healthcare Trust (Nasdaq: DHC) has announced its participation in Nareit's REITweek 2025 Investor Conference in New York. The company's President and CEO Chris Bilotto, along with CFO and Treasurer Matthew Brown, will deliver a presentation on Tuesday, June 3, 2025, at 1:45 p.m. Eastern Time. Investors and interested parties can access a live audio webcast of the presentation through DHC's website, with recommended access 15 minutes before the presentation begins.

Industrial Logistics Properties Trust (ILPT) has announced its participation in Nareit's REITweek 2025 Investor Conference in New York. The company will be represented by President and COO Yael Duffy along with CFO and Treasurer Tiffany Sy, who will deliver a presentation on Tuesday, June 3, 2025, at 10:15 a.m. Eastern Time. Investors and interested parties can access a live audio webcast of the presentation through ILPT's website at www.ilptreit.com/investors/Events-and-presentations. Those planning to attend the webcast are advised to visit the website approximately 15 minutes before the presentation begins.

The RMR Group announced its financial results for the second quarter of fiscal 2025, ended March 31, 2025. The company will host a conference call to discuss these results on Wednesday, May 7, 2025, at 1:00 p.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 by calling (877) 344-7529 with pass code 3934434. Additionally, a live audio webcast will be available on RMR's website, with an archived version accessible after the call.

Service Properties Trust (Nasdaq: SVC) has announced its financial results for Q1 2025. The company, a real estate investment trust, has over $11 billion invested across two main asset categories. SVC's portfolio includes 202 hotels with over 35,000 guest rooms throughout the United States, Puerto Rico, and Canada, as well as 739 service-focused retail net lease properties spanning over 13.1 million square feet across the United States.

The company is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management. A conference call to discuss the quarterly results is scheduled for May 7, 2025, at 10:00 a.m. Eastern Time.