other material
confidence high
sentiment positive
materiality 0.75
RMR LLC secures $14M annual fee, equity stake in OPI upon Chapter 11 emergence
RMR GROUP INC.
- OPI emerged from Chapter 11 on June 17, 2026; RMR LLC entered new 5-year management agreements.
- Amended Business Management Agreement: $14M annual fee for first two years; 5-year initial term.
- Amended Property Management Agreement: 3% property mgmt fee, 5% construction supervision fee.
- RMR LLC received 2% of OPI common equity at emergence; up to 8% additional based on performance metrics.
- New agreements secure RMR's role as manager and property manager of OPI post-restructuring.