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The RMR Group Sells Boston-Area Office at Major Loss As Firm Doubles Down on Apartments

Deal Underscores Nationwide Valuation Reset As Investors Reshuffle Real Estate Portfolios
An affiliate of The RMR Group has sold an office building in Malden, Massachusetts, which formerly housed the state's Department of Elementary and Secondary Education offices. (CoStar)
An affiliate of The RMR Group has sold an office building in Malden, Massachusetts, which formerly housed the state's Department of Elementary and Secondary Education offices. (CoStar)
CoStar News
August 15, 2024 | 9:57 P.M.

Alternative asset manager the RMR Group has sold an office near Boston at a steep loss, the latest in a series of discounted deals unfolding across the country as the firm hones its focus on other commercial real estate pockets.

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