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To: Grommit who wrote (55285)	5/5/2015 11:03:50 AM
From: Paul Senior	Respond to of 78730

GOV. I've added more today as well.

To: Grommit who wrote (55285)	5/5/2015 2:22:12 PM
From: E_K_S	Read Replies (2) \| Respond to of 78730

What's w/ the one time asset write down of their recent acquisition SIR. Seems like RMR was the big winner in that transaction and they still run the show. Even at the new multi year low, I am glad I sold 85% of my shares to book a gain. I have no plans on adding any new shares either. I noticed this non cash charge in their most recent report.: noncash charge of $40.8 million "related to the issuance of shares by an equity trustee." . . . I wonder if part of this went to the RMR management firm. From March 2, 2015 news: Government Properties Income Trust (NYSE:GOV) agrees to buy 3.4M shares of Select Income REIT (NYSE:SIR) from Lakewood Capital Management for $27.85 per share (vs. Friday's closing price of $24.69).The move will boost GOV's stake in SIR to about 28.8% of the company from 24.3%. Both GOV and SIR, of course, are run by the Portnoy's Reit Management & Research (RMR), and Lakewood had built a stake in Select income maybe with the intention of removing the Portnoys from power there as they had been removed from Commonwealth REIT (now renamed Equity Commonwealth). ---------------------------------------------------------- Still working my way through the management shake up for American Realty Capital Properties, Inc. (ARCP). It seems like a lot of these REIT managements do not share the same interests as the common shareholders EKS.