Office REIT Misses $30M In Interest Bills, Will Be Delisted From Nasdaq

Office REIT Misses $30M In Interest Bills, Will Be Delisted From Nasdaq

Office Properties Income Trust will be delisted from the Nasdaq Stock Market as its debt troubles deepen.  The embattled REIT, which is managed by Massachusetts-based The RMR Group, is losing its publicly traded status because it failed to maintain a stock price above the $1-per-share threshold required by the index. OPI made the disclosure in financial filings Tuesday, adding that it missed roughly $30M in debt service payments and had informed…