M&A Deal Summary |
|
|---|---|
| Date | 2016-08-08 |
| Target | Tremont Realty Capital |
| Sector | Real Estate |
| Buyer(s) | The RMR Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 2M USD |
| Advisor(s) | The CenterCap Group LLC (Financial) |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Real Estate |
| Employees | 600 |
| Revenue | 833M USD (2022) |
The RMR Group is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies. As of June 30, 2016, The RMR Group LLC had approximately $23.4 billion of real estate assets under management, including more than 1,300 properties, and employed over 400 real estate professionals in 30 offices throughout the United States. RMR Group was founded in 1986 and is based in Newton, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Real Estate) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-31 |
Carroll
Atlanta, Georgia, United States Carroll provides asset and property management services to 81 multifamily properties with more than 28,000 units. Carroll was founded in 2004 and is based in Atlanta, Georgia. |
Buy | $80M |
