RMR Group Inc Stock Price, News & Analysis

DHC has announced a joint venture worth $703 million involving 10 properties in its Office Portfolio, acquiring around $653 million in cash proceeds while maintaining a 20% equity stake. The properties, with a total area of 1.1 million square feet, were sold at $657 per square foot, resulting in an expected gain on sale of about $320 million. The funding will be used for capital expenditures and debt reduction. This venture is managed by The RMR Group, reinforcing DHC's operational liquidity.

The RMR Group reported strong financial results for the first fiscal quarter of 2022, ending December 31, with a net income of $18.3 million or $0.49 per diluted share. Adjusted net income increased to $0.46 per diluted share, a 12% rise from last year. The company’s total assets under management (AUM) grew to $33.4 billion, supported by an 11% uptick in management revenues, reaching $46.0 million. Growth was driven by higher equity values and expansion of managed private capital, which reached $3.2 billion.

Service Properties Trust (Nasdaq: SVC) announced it will release its Q4 2021 results after Nasdaq closes on February 24, 2022. A conference call will be held on February 25, 2022, at 10:00 a.m. ET, featuring CEO John Murray, CFO Brian Donley, and CIO Todd Hargreaves.

Service Properties Trust is a real estate investment trust with over $12 billion in assets, including more than 300 hotels and nearly 800 retail properties. The company is managed by The RMR Group (Nasdaq: RMR).

Diversified Healthcare Trust (Nasdaq: DHC) will release its fourth quarter 2021 financial results on February 23, 2022, after market close. A conference call hosted by CEO Jennifer Francis and CFO Richard Siedel is scheduled for February 24, 2022, at 10:00 a.m. ET. Participants can join via a designated phone number or listen online through the company website. DHC focuses on high-quality healthcare properties across the U.S., with a portfolio worth over $7.0 billion, including 390 properties and nearly 28,000 senior living units.

Seven Hills Realty Trust (Nasdaq: SEVN) announced it will release its fourth quarter 2021 financial results on February 17, 2022. A conference call featuring President Tom Lorenzini and CFO Doug Lanois will follow on February 18, 2022, at 10:00 a.m. ET. Investors can participate by calling (877) 270-2148 in the U.S. or (412) 902-6510 internationally. The call will also be available via live audio webcast on the company’s website, with replay access until February 25, 2022.

Office Properties Income Trust (Nasdaq: OPI) will release its fourth quarter 2021 financial results on February 16, 2022, post-Nasdaq closure. A conference call hosted by President Christopher Bilotto and CFO Matthew Brown is set for February 17, 2022, at 10:00 a.m. ET. OPI, owning over 170 properties with 23 million square feet across 33 states and Washington, D.C., generates more than 63% of its revenues from investment-grade tenants. Recognized as an Energy Star® Partner of the Year and Green Lease Leader, OPI is managed by the RMR Group Inc.

Office Properties Income Trust (Nasdaq: OPI) has announced the allocation of dividends for 2021 tax purposes. Each common share received a total dividend of $2.20, with $0.55 paid for each of the four quarters. These distributions include Ordinary Income and other classifications. Shareholders are advised to refer to IRS Form 1099-DIV for accurate tax reporting. OPI focuses on leasing office properties primarily to investment-grade tenants, generating 63% of its revenue from such entities.

Diversified Healthcare Trust (Nasdaq: DHC) released its dividend characterization for 2021 tax reporting. Shareholders will see a total dividend allocation of $0.04 per share, categorized as part of ordinary income, with no amounts designated as qualified dividends or capital gains. Important dates include a declaration date of January 14, 2021, and a payable date of February 18, 2021. The company, managing over $7.0 billion in healthcare properties across the U.S., continues to be guided by The RMR Group, which oversees more than $32 billion in assets.

Industrial Logistics Properties Trust (Nasdaq: ILPT) will announce its fourth quarter 2021 financial results on February 15, 2022, after the Nasdaq closes. A conference call to discuss these results will take place on February 16, 2022, at 10:00 a.m. Eastern Time, hosted by CEO John Murray, CFO Richard Siedel, and COO Yael Duffy. Investors can join the call at (877) 418-4826 or (412) 902-6758 for international participants, with no pass code required. A live audio webcast will be available on the company's website, with a replay accessible until February 23, 2022.