The RMR Group Inc. reports developments for a U.S. alternative asset manager focused on commercial real estate, residential real estate and related businesses. The company operates through its management platform and provides services to publicly owned REITs, real estate-related operating companies, real estate finance companies and other real estate investment vehicles.
Recurring RMR news includes fiscal-quarter results, common-share dividend declarations, investor presentations and updates tied to managed real estate clients. Coverage often reflects activity across office, industrial, healthcare, retail, hospitality, net lease, hotel and logistics property categories, as well as client financing, leasing, asset sales and portfolio management matters.
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.
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) announced dividend characterization for 2021 income tax reporting. The total dividends for the year amounted to $1.32 per share, with $1.2300 categorized as ordinary income. The declaration dates for these dividends included January 14, April 15, July 15, and October 14, with corresponding payment dates. Approximately 70% of ILPT's annual rental revenues come from investment-grade tenants. Shareholders will refer to IRS Form 1099-DIV for tax reporting purposes.
Seven Hills Realty Trust (Nasdaq: SEVN) has announced the dividend characterization for 2021 tax reporting. Shareholders should note the total dividend distribution of $0.45 per share, with $0.3543 classified as ordinary income. The dividends were declared on April 15, July 15, and August 27, 2021. The company advises shareholders to refer to IRS Form 1099-DIV for tax reporting purposes. SEVN primarily engages in originating and investing in first mortgage loans secured by middle market and transitional commercial real estate.
Service Properties Trust (Nasdaq: SVC) announced the characterization of dividends for 2021 tax reporting. Total dividends for shareholders reached $0.04 per share. The dividend payment history includes six payments of $0.01 each, with the last payment on November 18, 2021. Notably, these dividends will be reported on IRS Form 1099-DIV. Investors can find additional tax-related information on the SVC website.
SVC focuses on the hotel industry and service-oriented retail properties, managing over $12 billion in assets across the U.S., Canada, and Puerto Rico.
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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.
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.
The RMR Group (Nasdaq: RMR) has announced a quarterly cash dividend of $0.38 per share, amounting to $1.52 annually. This dividend will be paid to shareholders on February 17, 2022, with a record date of January 24, 2022. RMR, focused on commercial real estate, manages over $32 billion in assets and boasts a team of over 600 professionals across 30 offices. Founded in 1986 and headquartered in Newton, MA, RMR emphasizes its long-term experience in real estate management.
Diversified Healthcare Trust (Nasdaq: DHC) has announced a quarterly cash dividend of $0.01 per common share, amounting to $0.04 annually. The dividend is payable to shareholders of record as of January 24, 2022, and will be distributed on or about February 17, 2022. DHC focuses on owning high-quality healthcare properties in the U.S., with a diversified portfolio valued at over $8.0 billion, including over 390 properties and approximately 28,000 senior living units, managed by The RMR Group (Nasdaq: RMR).