RMR

RMR Real Estate Income Fund Announces Annual Meeting Results and Changes to Board of Trustees

Friday, May 22, 2020 - 9:57pm

Mr. Morea advised the Board that the reasons for his resignation were not the result of any disagreement with RIF.

Key Points: 
  • Mr. Morea advised the Board that the reasons for his resignation were not the result of any disagreement with RIF.
  • The Board of Trustees, based on the recommendation of RIFs Nominating Committee, elected Barbara D. Gilmore as an Independent Trustee, effective immediately.
  • About RMR Real Estate Income Fund (NYSE American: RIF)
    RIF has historically operated as closed end investment company advised by RMR Advisors LLC.
  • The RMR Group LLC is the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), which is headquartered in Newton, MA.

The RMR Group Announces Progress of Muse at Torrey Pines, an Essential Life Science Campus Redevelopment to Open in Fall 2020

Tuesday, May 19, 2020 - 1:00pm

A three-building campus, Muse is located at 3030, 3040 and 3050 Science Park Road and is expected to be delivered in Fall 2020.

Key Points: 
  • A three-building campus, Muse is located at 3030, 3040 and 3050 Science Park Road and is expected to be delivered in Fall 2020.
  • Muse is located in the heart of Torrey Pines, one of the most prominent life science clusters in the United States.
  • The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC.
  • For example:
    The press release refers to the expectation that Muse at Torrey Pines will be delivered in Fall 2020.

RMR Real Estate Income Fund Announces Results of Special Meeting of Shareholders

Thursday, April 16, 2020 - 9:15pm

Shareholders approved the ratification of RIF's selection of RSM US LLP ("RSM") as the Company's independent registered public accounting firm.

Key Points: 
  • Shareholders approved the ratification of RIF's selection of RSM US LLP ("RSM") as the Company's independent registered public accounting firm.
  • About RMR Real Estate Income Fund (NYSE American: RIF)
    RIF has historically operated as closed end investment company advised by RMR Advisors LLC.
  • RMR Advisors LLC is a wholly owned subsidiary of The RMR Group LLC, an alternative asset management company.
  • The RMR Group LLC is the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), which is headquartered in Newton, MA.

RMR Real Estate Income Fund Announces Regular Quarterly Distribution to Common Shareholders and Special Meeting of Shareholders to be held on April 16, 2020 at 9:30 a.m.

Wednesday, March 11, 2020 - 8:15pm

The current annualized distribution rate is the current annualized distribution rate as a percentage of the NAV per common share as of February 29, 2020.

Key Points: 
  • The current annualized distribution rate is the current annualized distribution rate as a percentage of the NAV per common share as of February 29, 2020.
  • RMR Advisors LLC is a wholly owned subsidiary of The RMR Group LLC, an alternative asset management company.
  • The RMR Group LLC is a majority owned subsidiary of The RMR Group Inc. (Nasdaq: RMR).
  • For example:
    This press release describes RIFs distribution of $0.33 per common share as a fixed quarterly distribution and refers to RIFs managed distribution policy.

The RMR Group Announces Execution of Renewal Lease for 11,090 Square Feet at 8900 Grand Oak Circle in Tampa, FL

Wednesday, March 4, 2020 - 1:00pm

The RMR Group Inc. (Nasdaq: RMR) today announced that the Department of Veterans Affairs recently signed a 10-year lease renewal for 11,090 square feet at 8900 Grand Oak Circle in Tampa, Florida.

Key Points: 
  • The RMR Group Inc. (Nasdaq: RMR) today announced that the Department of Veterans Affairs recently signed a 10-year lease renewal for 11,090 square feet at 8900 Grand Oak Circle in Tampa, Florida.
  • The property is owned by Office Properties Income Trust (Nasdaq: OPI) and managed by The RMR Group.
  • The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC.
  • OPI is managed by the operating subsidiary of The RMR Group Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200304005213/en/

The RMR Group Earns Top Spot in Boston Business Journal’s Inaugural Middle Market Leaders Ranking

Tuesday, February 18, 2020 - 1:00pm

The RMR Group Inc. (Nasdaq: RMR) was ranked the fastest growing middle market company in Massachusetts by the Boston Business Journal (BBJ) in its inaugural 2020 Middle Market Leaders ranking.

Key Points: 
  • The RMR Group Inc. (Nasdaq: RMR) was ranked the fastest growing middle market company in Massachusetts by the Boston Business Journal (BBJ) in its inaugural 2020 Middle Market Leaders ranking.
  • The Middle Market Leaders list ranks publicly traded and private companies with revenues between $25 million and $1 billion by two-year revenue growth.
  • RMR client company Office Properties Income Trust (Nasdaq: OPI) also placed on the 2020 Middle Market Leaders list, ranking 17th with two-year revenue growth of 65%.
  • The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC.

The RMR Group Announces Execution of 30,395 Square Feet of New and Renewal Leases in 2019 at Greenbrier Towers in Chesapeake, VA

Tuesday, January 28, 2020 - 1:00pm

The RMR Group Inc. (Nasdaq: RMR) today announced that eleven tenants have signed new and renewal leases for an aggregate 30,395 square feet in 2019 at Greenbrier Towers in Chesapeake, Virginia.

Key Points: 
  • The RMR Group Inc. (Nasdaq: RMR) today announced that eleven tenants have signed new and renewal leases for an aggregate 30,395 square feet in 2019 at Greenbrier Towers in Chesapeake, Virginia.
  • The property is in close proximity to several dining, hotel and retail options in the Greenbrier office submarket of Chesapeake.
  • The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC.
  • OPI is managed by the operating subsidiary of The RMR Group Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200128005209/en/

The RMR Group Announces Execution of 16,283 Square Feet of New and Renewal Leases in 2019 at 4001 Fair Ridge Drive in Fairfax, VA

Thursday, January 23, 2020 - 1:00pm

The RMR Group Inc. (Nasdaq: RMR) today announced the execution of six new and renewal leases totaling 16,283 square feet of medical office space during 2019 at 4001 Fair Ridge Drive in Fairfax, Virginia.

Key Points: 
  • The RMR Group Inc. (Nasdaq: RMR) today announced the execution of six new and renewal leases totaling 16,283 square feet of medical office space during 2019 at 4001 Fair Ridge Drive in Fairfax, Virginia.
  • Approximately two miles from INOVA Hospital, 4001 Fair Ridge Drive also offers tenants and their employees and patients close proximity to Interstate 66, US Route 50 and Dulles International Airport.
  • The RMR Group Inc. worked with Nick Zuppas and Andrew Papantoniou of Gittleson Zuppas Medical Realty on the leasing efforts.
  • The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC.

The RMR Group Announces Execution of 16,531 Square Feet of New and Renewal Leases in 2019 at 1145 19th Street NW in Washington, DC

Tuesday, January 21, 2020 - 9:15pm

The RMR Group Inc. (Nasdaq: RMR) today announced the execution of seven new and renewal leases totaling 16,531 square feet of medical office and retail space during 2019 at 1145 19th Street NW in Washington, D.C.

Key Points: 
  • The RMR Group Inc. (Nasdaq: RMR) today announced the execution of seven new and renewal leases totaling 16,531 square feet of medical office and retail space during 2019 at 1145 19th Street NW in Washington, D.C.
  • New amenities will include a technologically advanced conference and training center, a serene lobby lounge and a state-of-the-art fitness facility overlooking 19th Street.
  • The RMR Group Inc. worked with Nick Zuppas and Andrew Papantoniou of Gittleson Zuppas Medical Realty on the leasing efforts.
  • The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC.

RMR Real Estate Income Fund Announces Regular Quarterly Distribution to Common Shareholders and Estimated Sources of Distributions for its Auction Rate Preferred Securities

Wednesday, December 11, 2019 - 1:00pm

The current annualized distribution rate is the current annualized distribution rate as a percentage of the NAV per common share as of November 30, 2019.

Key Points: 
  • The current annualized distribution rate is the current annualized distribution rate as a percentage of the NAV per common share as of November 30, 2019.
  • RMR Advisors LLC is a wholly owned subsidiary of The RMR Group LLC, an alternative asset management company.
  • The RMR Group LLC is a majority owned subsidiary of The RMR Group Inc. (Nasdaq: RMR).
  • For example:
    This press release describes RIFs distribution of $0.33 per common share as a fixed quarterly distribution and refers to RIFs managed distribution policy.