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Asset Services

Asset Services is responsible for the asset management, leasing and property management of more than 1,300 office, industrial, medical office, life science, retail and multifamily properties totaling approximately 114 million square feet across the United States. With an extensive depth of knowledge and expertise in the real estate sector, our team strives to operate each building efficiently and consistently to the highest standards while maximizing operating results, enhancing property value and providing our tenants and clients with focused customer service.

Acquisitions Criteria

The RMR Group actively acquires properties for four publicly traded REITs: Service Properties Trust (SVC); Diversified Healthcare Trust (DHC); Office Properties Income Trust (OPI); and Industrial Logistics Properties Trust (ILPT). Below are our general criteria for new acquisitions.

For more information, please contact The RMR Group directly.

Investment Strategy

  • The RMR Group generally acquires properties on behalf of its managed REITs on an all cash basis, without financing contingencies.
  • Each managed REIT has an unsecured revolving credit facility between $750 million and $1 billion used to fund acquisitions.
  • Target properties primarily include hospitality, travel center, medical office, senior living, office and industrial properties. LEARN MORE
  • Full service, select service and extended stay hotels that are either unencumbered by brand and management, or are branded and managed by one of our existing hotel operator relationships.
  • Medical office buildings, wellness centers, clinics and biotech laboratory properties.
  • Independent living, assisted living and memory care facilities.
  • Single tenant net leased office and industrial properties that are strategic to tenants that are leased for multiple years.
  • Properties that are majority leased to the U.S. Government, state governments, municipal government and government contractors.

Transaction Structure

  • Generally acquires properties all cash and without financing contingencies.
  • Diligence is typically 30 days and closing will generally occur three days after the conclusion of due diligence.
  • Typically will consider assuming non-prepayable debt.
  • Generally do not acquire leasehold properties, make forward commitments, participate in joint ventures or invest in properties under construction.

Locations

  • Throughout the United States and its territories.

Transaction Size

  • No maximum investment size.
  • Minimum investment size of $10 million for most property types, but can vary depending on opportunity.
  • Will consider acquiring single assets, portfolios and companies.

Development

RMR views real estate development as a key part of its strategy for value creation for its client companies. Whether it is ground-up construction, redevelopment or a strategic repositioning of an existing asset, RMR’s Development Team understands that comprehensive market analysis, innovative and sustainable design, and best-in-class construction methods are critical components of a successful development project. Our work spans all major regions of the United States and involves a broad range of product types including office, life science, industrial, retail and hospitality projects. The Development Team leverages RMR’s deep and expansive real estate expertise across these geographic areas to deliver tenant spaces that satisfy the demands and expectations of modern users.

For more information on RMR Development, click the presentation below.
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Cautionary Language

The information appearing in RMR's website includes statements which constitute forward looking statements. These forward looking statements are based upon RMR's present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. RMR's actual results may differ materially from those contained in RMR's forward looking statements. The information contained in RMR's filings with the Securities and Exchange Commission (SEC), including under “Risk Factors” and “Warnings Concerning Forward Looking Statements” in RMR's periodic reports and other filings, identifies important factors that could cause RMR's actual results to differ materially from those stated or implied in RMR's forward looking statements. RMR's filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on RMR's website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements. Except as required by law, RMR does not intend to update or change any forward looking statements as a result of new information, future events or otherwise.

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