NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that a draft registration statement on Form S-11 has been confidentially submitted to the Securities and Exchange Commission (“SEC”) related to a proposed initial public offering of common shares for a newly formed commercial mortgage real estate investment trust (“REIT”) which would be managed by an SEC registered investment advisor subsidiary of RMR. The size of the proposed offering has not yet been determined. The initial public offering is expected to commence after the SEC completes its review process and a public registration statement has been filed with the SEC, subject to market and other conditions.
This press release is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933, as amended. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.