The RMR Group Completes Acquisition of RMR Residential Multifamily Platform
Accretive Transaction Expands RMR’s Expertise and Private Capital AUM
The RMR Group (Nasdaq: RMR) today announced that it has completed its acquisition of MPC Partnership Holdings, LLC, doing business as RMR Residential (“RMR Residential”), a vertically integrated multifamily platform. The acquisition, which was announced on July 31, 2023, expands RMR’s platform to include multifamily commercial real estate, the only major property sector in which RMR did not have a significant presence, increases its private capital assets under management and diversifies its roster of private capital clients.
Read the full press release here.