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Company Achieves Sustained Excellence Designation for Third Year in a Row The RMR Group (Nasdaq: RMR) today announced that it received the 2023 ENERGY STAR® Partner of the Year Award for the fifth consecutive year. RMR was also recognized as an ENERGY STAR® Partner of the ...
Company Ranks Among Fastest Growing Middle Market Companies in Massachusetts for the Third Time The RMR Group (Nasdaq: RMR) placed among the fastest growing middle market companies in Massachusetts by the Boston Business Journal (BBJ) in its 2023 Middle Market Leaders ranking. W...
2023-03-05 09:00:00 ET Summary U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its bes...
Industrial real estate investment trusts (REITs) are seeing huge demand today. Supply chain upheavals from the coronavirus pandemic and supply chain security issues driven by geopolitical concerns are both net positives for REITs in the niche. However, Industrial Logistics' (NASDAQ: ILPT) ...
Alternative asset management company, The RMR Group ( NASDAQ: RMR ), said it executed 69 leases for ~2.5M sq. ft. during FQ1'23. This compares with the 108 leases executed in FQ1'22 for ~4M sq. ft., and 81 leases executed for ~2.7M sq. ft. in FQ4'21. The FQ1'23 leases incl...
69 Leases Executed for a Weighted Average Lease Term of Nearly Nine Years The RMR Group (Nasdaq: RMR) announced the execution of 69 leases for approximately 2.5 million square feet on behalf of its clients during the three months ended December 31, 2022, including 23 leases with new...
Summary Nearly 200 U.S. REITs have reported fourth-quarter earnings results over the past month, providing critical information on the state of the real estate industry in a period defined by post-pandemic uncertainty. Rising rate concerns overshadowed a surprisingly strong slate of rep...
Summary BP p.l.c. has announced the purchase of TravelCenters of America, an RMR affiliate. The transaction will monetize some RMR equity assets and accelerate some fee payments to RMR. The RMR Group’s shares look to remain undervalued. On February 16th, BP p.l.c. (...
Summary U.S. equity markets were mixed on a choppy week as investors readjusted expectations for inflation and interest rates following data indicating an uptick in economic activity and persisting price pressures. Posting its first back-to-back weekly declines of the year, the S&P ...
Summary Shares of TravelCenters of America soared higher after news broke that the company was being acquired by energy giant BP. This move higher creates great returns for shareholders in TravelCenters of America while allowing BP to get a great business for a great price. Shares o...
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