06/01/23 4:15 PMNasdaq : SVC, RMR acquisitionService Properties Trust Acquires Nautilus Hotel in South Beach MiamiService Properties Trust announced today that it has acquired the 250- room Nautilus Hotel located at 1825 Collins Avenue, Miami Beach, FL for $165.4 million, or approximately $661,600 per key. This is an irreplaceable beachfront parcel located in the heart of Miami Beach in an area with numerous high-end luxury and upper upscale hotels.RHEA-AIneutral
06/01/23 8:00 AMNasdaq : ILPT, OPI, RMR conferencesIndustrial Logistics Properties Trust to Present at Nareit’s REITweek 2023 Investor Conference on Tuesday, June 6thIndustrial Logistics Properties Trust today announced that President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will be presenting at Nareit’ s REITweek 2023 Investor Conference in New York, NY on Tuesday, June 6, 2023 at 8:00 a.m. Eastern Time. Approximately 78% of ILPT’ s annualized rental revenues as of...RHEA-AIneutral
06/01/23 8:00 AMNasdaq : SVC, RMR conferencesService Properties Trust to Present at Nareit’s REITweek 2023 Investor Conference on Wednesday, June 7thService Properties Trust today announced that President and Chief Investment Officer Todd Hargreaves and Chief Financial Officer and Treasurer Brian Donley will be presenting at Nareit’ s REITweek 2023 Investor Conference in New York, NY on Wednesday, June 7, 2023 at 11:00 a.m. Eastern Time. As of March 31, 2023, SVC owned 220 hotels with over 37,000 guest...RHEA-AIneutral
06/01/23 8:00 AMNasdaq : SEVN, RMR conferenceslow floatSeven Hills Realty Trust to Present at Nareit’s REITweek 2023 Investor Conference on Wednesday, June 7thSeven Hills Realty Trust today announced that President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Tiffany Sy will be presenting at Nareit’ s REITweek 2023 Investor Conference in New York, NY on Wednesday, June 7, 2023 at 12:30 p.m. Eastern Time. A live audio webcast of the presentation will be available in a...RHEA-AIneutral
05/26/23 8:00 AMNasdaq : OPI, DHC, RMR acquisitionOffice Properties Income Trust Commences the Implementation of its Financing Strategy for its Merger with Diversified Healthcare Trust with the Closing of a $30.7 Million Mortgage LoanOffice Properties Income Trust today announced that it has commenced the implementation of its financing strategy for its merger with Diversified Healthcare Trust with the closing of a $30.7 million loan secured by a 266,000 square foot, 100% government occupied property located in Landover, Maryland. This non-recourse, 10- year CMBS loan carries an...RHEA-AIneutral
05/23/23 8:00 AMNasdaq : DHC, RMR Diversified Healthcare Trust Updates SHOP PerformanceWith $700 million of debt maturing over the next twelve months and the pace of the SHOP recovery being critical to our ability to refinance this debt, this uncertainty is one of the many reasons why we are confident that the previously announced merger with Office Properties Income Trust is the best path forward for DHC.”. April 2023 occupancy was 78.0%, 860 basis...RHEA-AIneutral
05/16/23 4:15 PMNasdaq, NYSE : SVC, BP, RMR acquisitionService Properties Trust Completes Transaction with BP in Connection with BP’s Acquisition of TravelCenters of America Inc.SVC received $379.3 million in cash as part of the transaction, including $188.0 million in prepaid rent from BP, $101.9 million in merger consideration for the 7.8% of the outstanding TA shares owned by SVC, and $89.4 million for certain tradenames and trademarks associated with TA’ s business previously owned by SVC. “We believe that the closing of the...RHEA-AIneutral
05/16/23 8:00 AMNasdaq : SEVN, RMR low floatSeven Hills Realty Trust Closes $37.5 Million Bridge Loan to Refinance a Student Housing Property at Auburn UniversitySeven Hills Realty Trust today announced the closing of a $37.5 million first mortgage bridge loan to refinance The Union at Auburn, a 501- bed Class A student housing property located at the Auburn University campus. The Union at Auburn loan was made to a repeat sponsor for the refinancing of a recently developed Class A student housing community located less...RHEA-AIneutral
05/10/23 8:00 AMNasdaq : RMR low floatThe RMR Group Reports Approximately 1.9 Million Square Feet of Leasing Activity for the Three Months Ended March 31, 2023The RMR Group is a leading U.S. alternative asset management company, unique for its focus on commercial real estate and related businesses. RMR’ s vertical integration is supported by approximately 600 real estate professionals in more than 30 offices nationwide who manage over $37 billion in assets under management and leverage more than 35 years of...RHEA-AIneutral
05/08/23 4:15 PMNasdaq : SVC, RMR earningsService Properties Trust Announces First Quarter 2023 ResultsThe conference call may be accessed by dialing 329-3720. Participants calling from outside the United States and Canada should dial 317-5434. No pass code is necessary to access the call from either number. Service Properties Trust is a real estate investment trust, or REIT, with over $11 billion invested in two asset categories: hotels and service-focused...RHEA-AIneutral
