RMR Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACADIA RLTY TR	COM SH BEN INT	004239109	738	30,000	SH		SOLE		30,000	0	0
AGREE REALTY CORP	COM	008492100	928	19,309	SH		SOLE		19,309	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	4,908	39,300	SH		SOLE		39,300	0	0
ALPINE GLOBAL PREMIER PPTYS	COM SBI	02083A103	1,228	196,826	SH		SOLE		196,826	0	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	1,039	26,900	SH		SOLE		26,900	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	323	16,100	SH		SOLE		16,100	0	0
ANNALY CAP MGMT INC	COM	035710409	2,295	219,998	SH		SOLE		219,998	0	0
APARTMENT INVT & MGMT CO	CL A	03748R101	764	18,745	SH		SOLE		18,745	0	0
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	1,254	71,400	SH		SOLE		71,400	0	0
ARMADA HOFFLER PROPERTIES INC	COM	04208T108	1,766	129,032	SH		SOLE		129,032	0	0
ASHFORD HOSPITALITY PRIME IN	PFD CV SER B	044102507	482	25,000	SH		SOLE		25,000	0	0
ASHFORD HOSPITALITY PRIME INC	COM	044102101	1,086	111,762	SH		SOLE		111,762	0	0
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	1,599	247,552	SH		SOLE		247,552	0	0
AVALONBAY CMNTYS INC	COM	053484101	5,653	34,375	SH		SOLE		34,375	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	246	19,451	SH		SOLE		19,451	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	1,760	56,030	SH		SOLE		56,030	0	0
BLUEROCK RESIDENTIAL GRW REIT	COM CL A	09627J102	2,983	350,884	SH		SOLE		350,884	0	0
BOSTON PROPERTIES INC	COM	101121101	3,339	27,100	SH		SOLE		27,100	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	2,625	165,300	SH		SOLE		165,300	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	458	30,000	SH		SOLE		30,000	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	951	11,300	SH		SOLE		11,300	0	0
CBL & ASSOC PPTYS INC	COM	124830100	1,455	348,963	SH		SOLE		348,963	0	0
CEDAR REALTY TRUST INC	COM NEW	150602209	408	103,627	SH		SOLE		103,627	0	0
CHATHAM LODGING TR	COM	16208T102	1,858	97,000	SH		SOLE		97,000	0	0
CHESAPEAKE LODGING TRUST	SH BEN INT	165240102	1,972	70,900	SH		SOLE		70,900	0	0
CITY OFFICE REIT INC	COM	178587101	2,733	236,415	SH		SOLE		236,415	0	0
COHEN & STEERS QUALITY RLTY	COM	19247L106	1,189	100,297	SH		SOLE		100,297	0	0
COLONY NORTHSTAR INC	CL A COM	19625W104	590	104,980	SH		SOLE		104,980	0	0
CONDOR HOSPITALITY TR INC	COM NEW	20676Y403	594	59,420	SH		SOLE		59,420	0	0
CORENERGY INFRASTRUCTURE TR	DEP SHS REPSTG	21870U304	619	24,800	SH		SOLE		24,800	0	0
CORPORATE OFFICE PPTYS TR	SH BEN INT	22002T108	2,157	83,500	SH		SOLE		83,500	0	0
CUBESMART	COM	229663109	1,213	15,000	SH		SOLE		15,000	0	0
CYRUSONE INC	COM	23283R100	2,458	48,000	SH		SOLE		48,000	0	0
DCT INDUSTRIAL TRUST INC	COM NEW	233153204	2,415	42,862	SH		SOLE		42,862	0	0
DDR CORP	COM	23317H102	1,488	203,000	SH		SOLE		203,000	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	998	95,603	SH		SOLE		95,603	0	0
DIGITAL RLTY TR INC	COM	253868103	4,110	39,000	SH		SOLE		39,000	0	0
DOUGLAS EMMETT INC	COM	25960P109	1,887	51,322	SH		SOLE		51,322	0	0
DUKE REALTY CORP	COM NEW	264411505	1,935	73,059	SH		SOLE		73,059	0	0
EATON VANCE ENH EQ INC FD	COM	278277108	555	35,188	SH		SOLE		35,188	0	0
EPR PPTYS	COM SH BEN INT	26884U109	6,075	109,660	SH		SOLE		109,660	0	0
EPR PPTYS	CONV PFD 9% SR E	26884U307	571	16,400	SH		SOLE		16,400	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	4,252	69,000	SH		SOLE		69,000	0	0
ESSEX PPTY TR INC	COM	297178105	3,971	16,500	SH		SOLE		16,500	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	691	7,910	SH		SOLE		7,910	0	0
FARMLAND PARTNERS INC	COM	31154R109	913	109,344	SH		SOLE		109,344	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	462	20,000	SH		SOLE		20,000	0	0
FRANKLIN STREET PPTY CORP	COM	35471R106	641	76,269	SH		SOLE		76,269	0	0
GETTY RLTY CORP NEW	COM	374297109	517	20,500	SH		SOLE		20,500	0	0
GGP INC	COM	36174X101	1,178	57,591	SH		SOLE		57,591	0	0
GLADSTONE COML CORP	COM	376536108	1,537	88,611	SH		SOLE		88,611	0	0
GLADSTONE LD CORP	COM	376549101	189	15,649	SH		SOLE		15,649	0	0
GLOBAL MED REIT INC	COM NEW	37954A204	2,800	402,841	SH		SOLE		402,841	0	0
GLOBAL NET LEASE INC	COM	379378201	964	57,082	SH		SOLE		57,082	0	0
GRAMERCY PPTY TR	COM NEW	385002308	1,731	79,681	SH		SOLE		79,681	0	0
HCP INC	COM	40414L109	2,647	113,965	SH		SOLE		113,965	0	0
HEALTHCARE RLTY TR	COM	421946104	1,410	50,897	SH		SOLE		50,897	0	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	741	28,000	SH		SOLE		28,000	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	2,157	120,475	SH		SOLE		120,475	0	0
HIGHWOODS PPTYS INC	COM	431284108	2,179	49,723	SH		SOLE		49,723	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	1,249	67,000	SH		SOLE		67,000	0	0
HUDSON PAC PPTYS INC	COM	444097109	846	26,000	SH		SOLE		26,000	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	4,703	512,361	SH		SOLE		512,361	0	0
INNOVATIVE INDUSTRIAL PROPER	COM	45781V101	535	20,000	SH		SOLE		20,000	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730103	326	62,810	SH		SOLE		62,810	0	0
INVITATION HOMES INC	COM	46187W107	516	22,596	SH		SOLE		22,596	0	0
IRON MTN INC NEW	COM	46284V101	986	30,000	SH		SOLE		30,000	0	0
JBG SMITH PPTYS	COM	46590V100	156	4,618	SH		SOLE		4,618	0	0
JERNIGAN CAP INC	COM	476405105	1,844	101,899	SH		SOLE		101,899	0	0
KILROY RLTY CORP	COM	49427F108	2,526	35,600	SH		SOLE		35,600	0	0
KIMCO RLTY CORP	COM	49446R109	2,477	172,000	SH		SOLE		172,000	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	1,677	110,125	SH		SOLE		110,125	0	0
LASALLE HOTEL PPTYS	COM SH BEN INT	517942108	1,494	51,500	SH		SOLE		51,500	0	0
LEXINGTON REALTY TRUST	COM	529043101	3,688	468,638	SH		SOLE		468,638	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	3,684	92,737	SH		SOLE		92,737	0	0
LIFE STORAGE INC	COM	53223X107	1,670	20,000	SH		SOLE		20,000	0	0
LTC PPTYS INC	COM	502175102	2,851	75,021	SH		SOLE		75,021	0	0
MACERICH CO	COM	554382101	1,595	28,470	SH		SOLE		28,470	0	0
MACK CALI RLTY CORP	COM	554489104	1,304	78,030	SH		SOLE		78,030	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	5,432	417,820	SH		SOLE		417,820	0	0
MID-AMERICA APT CMNTYS INC	COM	59522J103	3,163	34,671	SH		SOLE		34,671	0	0
MONMOUTH REAL ESTATE INV CO	CL A	609720107	1,729	114,962	SH		SOLE		114,962	0	0
NATIONAL RETAIL PPTYS INC	COM	637417106	5,284	134,600	SH		SOLE		134,600	0	0
NATIONAL STORAGE AFFILIATES	COM	637870106	477	19,000	SH		SOLE		19,000	0	0
NATL HEALTH INVS INC	COM	63633D104	4,354	64,709	SH		SOLE		64,709	0	0
NEW SR INVT GROUP INC	COM	648691103	852	104,121	SH		SOLE		104,121	0	0
NEXPOINT RESIDENTIAL TR INC	COM	65341D102	628	25,267	SH		SOLE		25,267	0	0
NUVEEN REAL ESTATE INCOME FD	COM	67071B108	129	13,293	SH		SOLE		13,293	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	1,793	66,298	SH		SOLE		66,298	0	0
ONE LIBERTY PPTYS INC	COM	682406103	1,219	55,176	SH		SOLE		55,176	0	0
PARK HOTELS RESORTS INC	COM	700517105	117	4,328	SH		SOLE		4,328	0	0
PEBBLEBROOK HOTEL TR	COM	70509V100	1,480	43,100	SH		SOLE		43,100	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	1,424	147,628	SH		SOLE		147,628	0	0
PHYSICIANS RLTY TR	COM	71943U104	2,799	179,791	SH		SOLE		179,791	0	0
PREFERRED APT CMNTYS INC	COM	74039L103	593	41,779	SH		SOLE		41,779	0	0
PROLOGIS INC	COM	74340W103	3,974	63,088	SH		SOLE		63,088	0	0
PUBLIC STORAGE	COM	74460D109	3,146	15,700	SH		SOLE		15,700	0	0
QTS RLTY TR INC	COM CL A	74736A103	362	10,000	SH		SOLE		10,000	0	0
RAIT FINANCIAL TRUST	COM NEW	749227609	29	178,419	SH		SOLE		178,419	0	0
RAMCO GERSHENSON PPTYS TR	COM SH BEN IT	751452202	1,016	82,220	SH		SOLE		82,220	0	0
REALTY INCOME CORP	COM	756109104	3,099	59,900	SH		SOLE		59,900	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	618	35,000	SH		SOLE		35,000	0	0
REXFORD INDL RLTY INC	COM	76169C100	1,128	39,176	SH		SOLE		39,176	0	0
RLJ LODGING TR	COM	74965L101	1,335	68,688	SH		SOLE		68,688	0	0
RLJ LODGING TR	PFD	74965L200	2,439	96,117	SH		SOLE		96,117	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	2,158	122,254	SH		SOLE		122,254	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	7,089	45,927	SH		SOLE		45,927	0	0
SL GREEN REALTY CORP	COM	78440X101	2,702	27,900	SH		SOLE		27,900	0	0
SPIRIT RLTY CAP INC NEW	COM	84860W102	466	60,000	SH		SOLE		60,000	0	0
STAG INDL INC	COM	85254J102	5,542	231,693	SH		SOLE		231,693	0	0
STARWOOD PPTY TR INC	COM	85571B105	2,076	99,100	SH		SOLE		99,100	0	0
STORE CAP CORP	COM	862121100	992	40,000	SH		SOLE		40,000	0	0
SUMMIT HOTEL PPTYS INC	COM	866082100	1,337	98,203	SH		SOLE		98,203	0	0
SUN CMNTYS INC	COM	866674104	6,657	72,856	SH		SOLE		72,856	0	0
SUNSTONE HOTEL INVS INC NEW	COM	867892101	457	30,000	SH		SOLE		30,000	0	0
TANGER FACTORY OUTLET CTRS I	COM	875465106	97	4,400	SH		SOLE		4,400	0	0
UDR INC	COM	902653104	1,852	52,000	SH		SOLE		52,000	0	0
UMH PPTYS INC	COM	903002103	2,476	184,661	SH		SOLE		184,661	0	0
URSTADT BIDDLE PPTYS INC	CL A	917286205	579	30,000	SH		SOLE		30,000	0	0
VENTAS INC	COM	92276F100	5,359	108,200	SH		SOLE		108,200	0	0
VEREIT INC	COM	92339V100	1,975	283,716	SH		SOLE		283,716	0	0
VORNADO RLTY TR	SH BEN INT	929042109	2,680	39,835	SH		SOLE		39,835	0	0
WASHINGTON PRIME GROUP NEW	COM	93964W108	1,542	231,148	SH		SOLE		231,148	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	2,562	91,225	SH		SOLE		91,225	0	0
WELLTOWER INC	COM	95040Q104	1,862	34,200	SH		SOLE		34,200	0	0
WHEELER REAL ESTATE INVT. TR	PFD CNV SER D	963025606	1,115	71,354	SH		SOLE		71,354	0	0
WHITESTONE REIT	COM	966084204	1,294	124,535	SH		SOLE		124,535	0	0
WP CAREY INC	COM	92936U109	911	14,700	SH		SOLE		14,700	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	160	8,100	SH		SOLE		8,100	0	0