RMR Group Inc Stock Price, News & Analysis

Seven Hills Realty Trust (Nasdaq: SEVN) has announced the closing of an $18 million first mortgage floating rate bridge loan for Curtis Junction, a 112-unit multifamily property in Boise, Idaho. The loan features a three-year initial term with two one-year extension options, contingent on borrower requirements.

The transaction was facilitated by Tremont Realty Capital, SEVN's manager, through Berkadia, acting as advisor to RanchHarbor, the Newport Beach-based sponsor. The recently renovated property aims to capitalize on Boise's multifamily market fundamentals, aligning with SEVN's strategy of financing well-located properties with value creation potential.

Seven Hills Realty Trust (Nasdaq: SEVN) has scheduled its second quarter 2025 financial results conference call for Tuesday, July 29, 2025, at 11:00 a.m. Eastern Time. The company will release its Q2 2025 financial results after market close on Monday, July 28, 2025.

The conference call will be hosted by President and Chief Investment Officer Tom Lorenzini, CFO and Treasurer Matthew Brown, and Vice President Jared Lewis. Investors can access the call via telephone at (866) 739-7850 for US/Canada or (412) 317-6592 for international callers. A replay will be available until August 5, 2025, at (877) 344-7529 using pass code 4886783.

Additionally, a live audio webcast will be available on the company's website at www.sevnreit.com, with an archived version available for replay after the call.

Industrial Logistics Properties Trust (ILPT) has secured $1.16 billion in five-year fixed-rate mortgage financing at 6.399%, backed by 101 industrial properties across mainland U.S. and Hawaii. The company will combine these proceeds with $75 million in cash to repay $1.235 billion of floating-rate mortgage debt due in October 2025. This strategic refinancing, expected to close around June 26, 2025, will convert all of ILPT's wholly owned debt to fixed rates and eliminate the need for future interest rate cap purchases. The company anticipates annual cash savings of approximately $8.5 million ($0.13 per share) through debt reduction, lower interest rates, and elimination of rate cap requirements.

Seven Hills Realty Trust (SEVN) has closed a $28 million first mortgage floating rate bridge loan for Rise at Loop 410, a 360,000 square foot industrial warehouse in San Antonio, Texas. The loan features a three-year initial term with two one-year extension options, contingent on borrower requirements. The property, located in San Antonio's Northeast submarket, offers strategic access to transportation corridors and a skilled workforce. The transaction was facilitated by Cushman & Wakefield, connecting SEVN's manager Tremont Realty Capital with Grandview Partners, the Greenwich-based sponsor known for their industrial investment expertise. This lending opportunity aligns with SEVN's strategy of building their portfolio through risk-adjusted investments focused on long-term value creation.

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.