RMR Group Inc Stock Price, News & Analysis

Seven Hills Realty Trust (Nasdaq: SEVN) will release its third quarter 2021 financial results on November 2, 2021, post-Nasdaq close. A conference call featuring President Tom Lorenzini and CFO Doug Lanois is set for November 3, 2021, at 10:00 a.m. ET. Interested parties can join via phone or a live audio webcast on the company’s website. The replay will be accessible until November 10, 2021. Seven Hills Realty Trust, previously known as RMR Mortgage Trust (Nasdaq: RMRM), focuses on first mortgage loans in commercial real estate, managed by The RMR Group Inc. (Nasdaq: RMR).

Office Properties Income Trust (Nasdaq: OPI) has amended its business management agreement with The RMR Group LLC to replace the SNL U.S. REIT Office Index with the MSCI U.S. REIT/Office REIT Index for incentive management fee calculations starting August 1, 2021. The historical performance comparisons show that the MSCI index closely aligns with the SNL index. This change aims to ensure a reliable benchmark as the previous index has been discontinued.

Diversified Healthcare Trust (Nasdaq: DHC) announced an amendment to its management agreement with The RMR Group LLC (RMR) to replace the SNL U.S. REIT Healthcare Index with the MSCI U.S. REIT/Health Care REIT Index for calculating incentive management fees. This change will take effect from August 1, 2021. Historical returns will continue to be calculated using the SNL index until then. As of June 30, 2021, DHC's portfolio was valued at $8.2 billion, comprising 392 properties across 36 states.

Service Properties Trust (Nasdaq: SVC) has amended its business management agreement with The RMR Group LLC (Nasdaq: RMR) to introduce the MSCI U.S. REIT/Hotel & Resort REIT Index as the new benchmark for incentive management fees, effective from August 1, 2021. This replaces the discontinued SNL U.S. REIT Hotel Index. Historical returns for the SNL Index show cumulative returns of -6.56%, -19.07%, and 10.06% for various periods ending July 31, 2021. The decision aims to align fee calculations more closely with widely-used benchmarks.

Industrial Logistics Properties Trust (Nasdaq: ILPT) has amended its business management agreement with The RMR Group (Nasdaq: RMR) to replace the SNL U.S. REIT Industrial Index with the MSCI U.S. REIT/Industrial REIT Index for calculating incentive management fees, effective August 1, 2021. Historical returns from the SNL index will be utilized until that date. ILPT owns 291 properties, totaling 35.2 million rentable square feet, and maintains a high lease occupancy rate of approximately 99% with an average lease term of 9.2 years.

Diversified Healthcare Trust (Nasdaq: DHC) recently announced new management agreements with Navion Senior Solutions for five assisted living communities in South Carolina and Omega Senior Living for one community in Nebraska. This brings the total to approximately 96% of communities transitioning from Five Star Senior Living to new operators. DHC is expected to finalize all management transitions by year-end 2021. The company's portfolio includes 392 properties and 28,000 senior living units, valued at $8.2 billion as of June 30, 2021.

Office Properties Income Trust (Nasdaq: OPI) will release its Q3 2021 financial results after the market closes on October 28, 2021. A conference call will take place on October 29, 2021, at 10:00 a.m. ET, featuring President Christopher Bilotto and CFO Matthew Brown. Interested participants can call (877) 328-1172 or (412) 317-5418 from outside the US and Canada. A live audio webcast will also be available on their website. This REIT focuses on properties leased to high credit quality tenants, including government entities.

Industrial Logistics Properties Trust (Nasdaq: ILPT) will release its third-quarter 2021 financial results after Nasdaq closes on October 27, 2021. A conference call hosted by CEO John Murray, CFO Richard Siedel, and COO Yael Duffy is scheduled for October 28, 2021, at 10:00 a.m. ET. Participants can join via phone or listen through a live audio webcast on the company's website. The replay will be available until November 4, 2021.

RMR Mortgage Trust (Nasdaq:RMRM) has closed a $16.5 million first mortgage floating-rate bridge loan to finance the acquisition of City Center Crossing, a grocery-anchored retail center in Sandy Springs, Atlanta. An initial advance of $14.8 million was made, with about $1.7 million reserved for tenant improvements. This loan, which adds to RMRM's portfolio of over $325 million in committed capital, is part of the company's strategy to diversify its investments and tap into growth opportunities in the Atlanta market.