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
ABERDEEN GLOBAL PREMIER PPTY	COM SH BEN INT	00302L108	1,256	196,826	SH		SOLE		196,826	0	0
ACADIA RLTY TR	COM SH BEN INT	004239109	821	30,000	SH		SOLE		30,000	0	0
AGREE REALTY CORP	COM	008492100	1,019	19,309	SH		SOLE		19,309	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	4,958	39,300	SH		SOLE		39,300	0	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	1,153	26,900	SH		SOLE		26,900	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	357	16,100	SH		SOLE		16,100	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	173	1,200	SH		SOLE		1,200	0	0
ANNALY CAP MGMT INC	COM	035710409	2,778	269,998	SH		SOLE		269,998	0	0
APARTMENT INVT & MGMT CO	CL A	03748R101	793	18,745	SH		SOLE		18,745	0	0
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	1,277	71,400	SH		SOLE		71,400	0	0
ARMADA HOFFLER PPTYS INC	COM	04208T108	2,134	143,203	SH		SOLE		143,203	0	0
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	851	105,000	SH		SOLE		105,000	0	0
AVALONBAY CMNTYS INC	COM	053484101	5,909	34,375	SH		SOLE		34,375	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	235	19,451	SH		SOLE		19,451	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	2,264	72,030	SH		SOLE		72,030	0	0
BLUEROCK RESIDENTIAL GRW REIT	COM CL A	09627J102	3,625	406,415	SH		SOLE		406,415	0	0
BOSTON PROPERTIES INC	COM	101121101	3,399	27,100	SH		SOLE		27,100	0	0
BRAEMAR HOTELS & RESORTS INC	COM	10482B101	1,276	111,762	SH		SOLE		111,762	0	0
BRAEMAR HOTELS & RESORTS INC	PFD	10482B101	472	25,000	SH		SOLE		25,000	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	2,790	165,300	SH		SOLE		165,300	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	523	30,000	SH		SOLE		30,000	0	0
BRT APARTMENTS CORP	COM	055645303	228	17,887	SH		SOLE		17,887	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	1,030	11,300	SH		SOLE		11,300	0	0
CBL & ASSOC PPTYS INC	COM	124830100	2,666	478,694	SH		SOLE		478,694	0	0
CEDAR REALTY TRUST INC	COM NEW	150602209	489	103,627	SH		SOLE		103,627	0	0
CHATHAM LODGING TR	COM	16208T102	2,058	97,000	SH		SOLE		97,000	0	0
CHESAPEAKE LODGING TR	SH BEN INT	165240102	2,243	70,900	SH		SOLE		70,900	0	0
CITY OFFICE REIT INC	COM	178587101	2,873	223,927	SH		SOLE		223,927	0	0
COHEN & STEERS QUALITY RLTY	COM	19247L106	1,206	100,297	SH		SOLE		100,297	0	0
COLONY CAP INC NEW	CL A COM	19626G108	655	104,980	SH		SOLE		104,980	0	0
CONDOR HOSPITALITY TR INC	COM NEW	20676Y403	618	59,420	SH		SOLE		59,420	0	0
CORENERGY INFRASTRUCTURE TR	DEP SHS REPSTG	21870U304	625	24,800	SH		SOLE		24,800	0	0
CORPORATE OFFICE PPTYS TR	SH BEN INT	22002T108	2,421	83,500	SH		SOLE		83,500	0	0
CUBESMART	COM	229663109	806	15,000	SH		SOLE		15,000	0	0
CYRUSONE INC	COM	23283R100	2,801	48,000	SH		SOLE		48,000	0	0
DCT INDUSTRIAL TRUST INC	COM NEW	233153204	2,860	42,862	SH		SOLE		42,862	0	0
DDR CORP	COM	23317H854	1,226	68,500	SH		SOLE		68,500	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	1,174	95,603	SH		SOLE		95,603	0	0
DIGITAL RLTY TR INC	COM	253868103	4,352	39,000	SH		SOLE		39,000	0	0
DOUGLAS EMMETT INC	COM	25960P109	2,062	51,322	SH		SOLE		51,322	0	0
DUKE REALTY CORP	COM NEW	264411505	2,121	73,059	SH		SOLE		73,059	0	0
EATON VANCE ENH EQTY INC FD	COM	278277108	592	35,188	SH		SOLE		35,188	0	0
EPR PPTYS	COM SH BEN INT	26884U109	7,429	114,660	SH		SOLE		114,660	0	0
EPR PPTYS	CONV PFD 9% SR E	26884U307	573	16,400	SH		SOLE		16,400	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	4,395	69,000	SH		SOLE		69,000	0	0
ESSEX PPTY TR INC	COM	297178105	3,945	16,500	SH		SOLE		16,500	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	789	7,910	SH		SOLE		7,910	0	0
FARMLAND PARTNERS INC	COM	31154R109	962	109,344	SH		SOLE		109,344	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	493	20,000	SH		SOLE		20,000	0	0
FRANKLIN STREET PPTYS CORP	COM	35471R106	653	76,269	SH		SOLE		76,269	0	0
GETTY RLTY CORP NEW	COM	374297109	577	20,500	SH		SOLE		20,500	0	0
GGP INC	COM	36174X101	1,463	71,591	SH		SOLE		71,591	0	0
GLADSTONE COML CORP	COM	376536108	1,703	88,611	SH		SOLE		88,611	0	0
GLOBAL MED REIT INC	COM NEW	37954A204	3,880	437,967	SH		SOLE		437,967	0	0
GLOBAL NET LEASE INC	COM NEW	379378201	1,779	87,082	SH		SOLE		87,082	0	0
GRAMERCY PPTY TR	COM NEW	385002308	2,177	79,681	SH		SOLE		79,681	0	0
HCP INC	COM	40414L109	2,943	113,965	SH		SOLE		113,965	0	0
HEALTHCARE RLTY TR	COM	421946104	1,480	50,897	SH		SOLE		50,897	0	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	1,294	48,000	SH		SOLE		48,000	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	2,584	120,475	SH		SOLE		120,475	0	0
HIGHWOODS PPTYS INC	COM	431284108	2,522	49,723	SH		SOLE		49,723	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	1,412	67,000	SH		SOLE		67,000	0	0
HUDSON PAC PPTYS INC	COM	444097109	921	26,000	SH		SOLE		26,000	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	5,282	512,361	SH		SOLE		512,361	0	0
INNOVATIVE INDL PPTYS INC	COM	45781V101	732	20,000	SH		SOLE		20,000	0	0
INVESCO MORTGAGE CAPITAL INC	COM	46131B100	555	34,926	SH		SOLE		34,926	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730103	347	62,810	SH		SOLE		62,810	0	0
INVITATION HOMES INC	COM	46187W107	521	22,596	SH		SOLE		22,596	0	0
IRON MTN INC NEW	COM	46284V101	1,050	30,000	SH		SOLE		30,000	0	0
JERNIGAN CAP INC	COM	476405105	2,321	121,799	SH		SOLE		121,799	0	0
KILROY RLTY CORP	COM	49427F108	2,693	35,600	SH		SOLE		35,600	0	0
KIMCO RLTY CORP	COM	49446R109	2,922	172,000	SH		SOLE		172,000	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	1,881	110,125	SH		SOLE		110,125	0	0
LASALLE HOTEL PPTYS	COM SH BEN INT	517942108	1,763	51,500	SH		SOLE		51,500	0	0
LEXINGTON REALTY TRUST	COM	529043101	4,484	513,638	SH		SOLE		513,638	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	3,752	84,637	SH		SOLE		84,637	0	0
LIFE STORAGE INC	COM	53223X107	973	10,000	SH		SOLE		10,000	0	0
LTC PPTYS INC	COM	502175102	3,206	75,021	SH		SOLE		75,021	0	0
MACERICH CO	COM	554382101	2,158	37,970	SH		SOLE		37,970	0	0
MACK CALI RLTY CORP	COM	554489104	1,582	78,030	SH		SOLE		78,030	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	5,807	413,609	SH		SOLE		413,609	0	0
MID AMER APT CMNTYS INC	COM	59522J103	2,987	29,671	SH		SOLE		29,671	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	1,900	114,962	SH		SOLE		114,962	0	0
NATIONAL HEALTH INVS INC	COM	63633D104	4,768	64,709	SH		SOLE		64,709	0	0
NATIONAL RETAIL PPTYS INC	COM	637417106	5,477	124,600	SH		SOLE		124,600	0	0
NEW SR INVT GROUP INC	COM	648691103	788	104,121	SH		SOLE		104,121	0	0
NEXPOINT RESIDENTIAL TR INC	COM	65341D102	719	25,267	SH		SOLE		25,267	0	0
NUVEEN REAL ESTATE INCOME FD	COM	67071B108	133	13,293	SH		SOLE		13,293	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	2,055	66,298	SH		SOLE		66,298	0	0
ONE LIBERTY PPTYS INC	COM	682406103	1,241	46,976	SH		SOLE		46,976	0	0
PARK HOTELS RESORTS INC	COM	700517105	1,594	52,028	SH		SOLE		52,028	0	0
PEBBLEBROOK HOTEL TR	COM	70509V100	1,672	43,100	SH		SOLE		43,100	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	1,622	147,628	SH		SOLE		147,628	0	0
PHYSICIANS RLTY TR	COM	71943U104	2,866	179,791	SH		SOLE		179,791	0	0
PREFERRED APT CMNTYS INC	COM	74039L103	620	36,479	SH		SOLE		36,479	0	0
PROLOGIS INC	COM	74340W103	4,144	63,088	SH		SOLE		63,088	0	0
PUBLIC STORAGE	COM	74460D109	3,562	15,700	SH		SOLE		15,700	0	0
QTS RLTY TR INC	COM CL A	74736A103	395	10,000	SH		SOLE		10,000	0	0
RAIT FINANCIAL TRUST	COM NEW	749227609	17	178,419	SH		SOLE		178,419	0	0
RAMCO GERSHENSON PPTYS TR	COM SH BEN IT	751452202	1,086	82,220	SH		SOLE		82,220	0	0
REALTY INCOME CORP	COM	756109104	3,222	59,900	SH		SOLE		59,900	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	671	35,000	SH		SOLE		35,000	0	0
REXFORD INDL RLTY INC	COM	76169C100	1,230	39,176	SH		SOLE		39,176	0	0
RLJ LODGING TR	COM	74965L101	1,515	68,688	SH		SOLE		68,688	0	0
RLJ LODGING TR	CUM CONV PFD A	74965L200	2,522	96,117	SH		SOLE		96,117	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	2,459	113,154	SH		SOLE		113,154	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	7,816	45,927	SH		SOLE		45,927	0	0
SL GREEN RLTY CORP	COM	78440X101	2,805	27,900	SH		SOLE		27,900	0	0
SPIRIT MTA REIT	COM SH BEN IN	84861U105	44	4,253	SH		SOLE		4,253	0	0
SPIRIT RLTY CAP INC NEW	COM	84860W102	772	96,200	SH		SOLE		96,200	0	0
STAG INDL INC	COM	85254J102	6,309	231,693	SH		SOLE		231,693	0	0
STARWOOD PPTY TR INC	COM	85571B105	2,803	129,100	SH		SOLE		129,100	0	0
STORE CAP CORP	COM	862121100	1,096	40,000	SH		SOLE		40,000	0	0
SUMMIT HOTEL PPTYS INC	COM	866082100	904	63,203	SH		SOLE		63,203	0	0
SUN CMNTYS INC	COM	866674104	7,131	72,856	SH		SOLE		72,856	0	0
UDR INC	COM	902653104	1,952	52,000	SH		SOLE		52,000	0	0
UMH PPTYS INC	COM	903002103	2,634	171,571	SH		SOLE		171,571	0	0
URSTADT BIDDLE PPTYS INC	CL A	917286205	679	30,000	SH		SOLE		30,000	0	0
VENTAS INC	COM	92276F100	5,592	98,200	SH		SOLE		98,200	0	0
VEREIT INC	COM	92339V100	2,427	326,244	SH		SOLE		326,244	0	0
VORNADO RLTY TR	SH BEN INT	929042109	2,945	39,835	SH		SOLE		39,835	0	0
WASHINGTON PRIME GROUP NEW	COM	93964W108	2,443	301,148	SH		SOLE		301,148	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	2,811	91,225	SH		SOLE		91,225	0	0
WELLTOWER INC	COM	95040Q104	2,144	34,200	SH		SOLE		34,200	0	0
WHEELER REAL ESTATE INVT TR	PFD CNV SER D	963025606	1,325	71,354	SH		SOLE		71,354	0	0
WHITESTONE REIT	COM	966084204	1,555	124,535	SH		SOLE		124,535	0	0
W P CAREY INC	COM	92936U109	976	14,700	SH		SOLE		14,700	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	197	8,100	SH		SOLE		8,100	0	0