Subsequent Events

9 Months Ended

Jun. 30, 2016

Subsequent Events

Subsequent Events

Note 12. Subsequent Events

On August 5, 2016, RMR LLC acquired assets of Tremont Realty Capital LLC, or Tremont, for an upfront purchase price of $2,200, excluding transaction costs. Tremont also has the right to receive an “earn out” over the next two years based on a portion of payments that RMR LLC receives from Tremont’s historical business.  Tremont principally raises debt and equity capital for owners of commercial real estate and serves as a manager of funds invested in commercial real estate. Tremont is headquartered in Boston, MA and has been in business since 2000.