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RMR Real Estate Income holders approve switch to mortgage REIT

2020-04-17 04:44

RMR Real Estate Income Fund (NYSEMKT:RIF) shareholders approve the fund's transition to a real estate investment trust that will originate and invest in first mortgage whole loans secured by middle market and transitional commercial real estate.

RIF is currently a registered investment company that  makes equity investments in real estate companies.

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