RMR Group: OPI emerges from chapter 11; RMR LLC signs amended management agreements
Office Properties Income Trust (OPI) emerged from chapter 11 on June 17, 2026, and RMR LLC, RMR Group's majority-owned subsidiary, entered into amended business and property management agreements with OPI. The filing sets a five-year initial term, a $14.0 million annual business management fee for the first two years, and equity issuances to RMR LLC that could reach 10% of OPI's common equity.
Key points
- OPI's Plan became effective June 17, 2026, after confirmation by the Bankruptcy Court on April 22, 2026.
- Amended business management agreement pays RMR LLC $14.0 million a year for the first two years.
- RMR LLC receives OPI common shares equal to 2% of common equity on the Effective Date, plus up to 8% more upon meeting metrics set by OPI's board.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.