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	1,183	196,826	SH		SOLE		196,826	0	0
ACADIA RLTY TR	COM SH BEN INT	004239109	818	30,000	SH		SOLE		30,000	0	0
AGREE REALTY CORP	COM	008492100	1,339	19,309	SH		SOLE		19,309	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	5,603	39,300	SH		SOLE		39,300	0	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	1,280	26,900	SH		SOLE		26,900	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	366	16,100	SH		SOLE		16,100	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	631	3,200	SH		SOLE		3,200	0	0
AMERICOLD RLTY TRUST	COM	03064D108	305	10,000	SH		SOLE		10,000	0	0
ANNALY CAP MGMT INC	COM	035710409	3,197	319,998	SH		SOLE		319,998	0	0
APARTMENT INVT & MGMT CO	CL A	03748R754	1,280	25,451	SH		SOLE		25,451	0	0
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	1,164	71,400	SH		SOLE		71,400	0	0
ARMADA HOFFLER PPTYS INC	COM	04208T108	2,734	175,353	SH		SOLE		175,353	0	0
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	499	105,000	SH		SOLE		105,000	0	0
AVALONBAY CMNTYS INC	COM	053484101	6,900	34,375	SH		SOLE		34,375	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	115	9,274	SH		SOLE		9,274	0	0
BLUEROCK RESIDENTIAL GRW REI	COM CL A	09627J102	4,372	405,557	SH		SOLE		405,557	0	0
BOSTON PROPERTIES INC	COM	101121101	3,628	27,100	SH		SOLE		27,100	0	0
BRAEMAR HOTELS & RESORTS INC	COM	10482B101	1,365	111,762	SH		SOLE		111,762	0	0
BRAEMAR HOTELS & RESORTS INC	5.5 CUM CV PFD B	10482B200	499	25,000	SH		SOLE		25,000	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	2,622	165,300	SH		SOLE		165,300	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	694	37,775	SH		SOLE		37,775	0	0
BRT APARTMENTS CORP	COM	055645303	47	3,354	SH		SOLE		3,354	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	1,147	11,300	SH		SOLE		11,300	0	0
CBL & ASSOC PPTYS INC	COM	124830100	819	528,694	SH		SOLE		528,694	0	0
CEDAR REALTY TRUST INC	COM NEW	150602209	352	103,627	SH		SOLE		103,627	0	0
CHATHAM LODGING TR	COM	16208T102	1,866	97,000	SH		SOLE		97,000	0	0
CHESAPEAKE LODGING TR	SH BEN INT	165240102	1,972	70,900	SH		SOLE		70,900	0	0
CITY OFFICE REIT INC	COM	178587101	1,332	117,783	SH		SOLE		117,783	0	0
COHEN & STEERS QUALITY RLTY	COM	19247L106	1,155	90,197	SH		SOLE		90,197	0	0
COLONY CAP INC NEW	CL A COM	19626G108	558	104,980	SH		SOLE		104,980	0	0
CONDOR HOSPITALITY TR INC	COM NEW	20676Y403	535	59,420	SH		SOLE		59,420	0	0
CORPORATE OFFICE PPTYS TR	SH BEN INT	22002T108	2,280	83,500	SH		SOLE		83,500	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	1,280	10,000	SH		SOLE		10,000	0	0
CUBESMART	COM	229663109	801	15,000	SH		SOLE		15,000	0	0
CYRUSONE INC	COM	23283R100	3,566	68,000	SH		SOLE		68,000	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	656	60,603	SH		SOLE		60,603	0	0
DIGITAL RLTY TR INC	COM	253868103	4,998	42,000	SH		SOLE		42,000	0	0
DOUGLAS EMMETT INC	COM	25960P109	2,074	51,322	SH		SOLE		51,322	0	0
DUKE REALTY CORP	COM NEW	264411505	2,234	73,059	SH		SOLE		73,059	0	0
EATON VANCE ENH EQTY INC FD	COM	278277108	580	35,188	SH		SOLE		35,188	0	0
EPR PPTYS	COM SH BEN INT	26884U109	8,817	114,660	SH		SOLE		114,660	0	0
EPR PPTYS	CONV PFD 9% SR E	26884U307	621	16,400	SH		SOLE		16,400	0	0
EQUINIX INC	COM	29444U700	453	1,000	SH		SOLE		1,000	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	5,197	69,000	SH		SOLE		69,000	0	0
ESSENTIAL PPTYS RLTY TR INC	COM	29670E107	98	5,000	SH		SOLE		5,000	0	0
ESSEX PPTY TR INC	COM	297178105	4,772	16,500	SH		SOLE		16,500	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	806	7,910	SH		SOLE		7,910	0	0
FARMLAND PARTNERS INC	COM	31154R109	700	109,344	SH		SOLE		109,344	0	0
FRANKLIN STREET PPTYS CORP	COM	35471R106	548	76,269	SH		SOLE		76,269	0	0
GLADSTONE COML CORP	COM	376536108	1,840	88,611	SH		SOLE		88,611	0	0
GLADSTONE LD CORP	COM	376549101	443	35,000	SH		SOLE		35,000	0	0
GLOBAL MED REIT INC	COM NEW	37954A204	4,865	495,467	SH		SOLE		495,467	0	0
GLOBAL NET LEASE INC	COM NEW	379378201	2,118	112,082	SH		SOLE		112,082	0	0
HCP INC	COM	40414L109	3,567	113,965	SH		SOLE		113,965	0	0
HEALTHCARE RLTY TR	COM	421946104	1,243	38,697	SH		SOLE		38,697	0	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	1,372	48,000	SH		SOLE		48,000	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	2,271	132,475	SH		SOLE		132,475	0	0
HIGHWOODS PPTYS INC	COM	431284108	2,326	49,723	SH		SOLE		49,723	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	1,266	67,000	SH		SOLE		67,000	0	0
HUDSON PAC PPTYS INC	COM	444097109	895	26,000	SH		SOLE		26,000	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	5,281	489,429	SH		SOLE		489,429	0	0
INNOVATIVE INDL PPTYS INC	COM	45781V101	2,246	27,500	SH		SOLE		27,500	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730509	376	6,281	SH		SOLE		6,281	0	0
INVITATION HOMES INC	COM	46187W107	1,217	50,000	SH		SOLE		50,000	0	0
IRON MTN INC NEW	COM	46284V101	1,064	30,000	SH		SOLE		30,000	0	0
JERNIGAN CAP INC	COM	476405105	689	32,758	SH		SOLE		32,758	0	0
KILROY RLTY CORP	COM	49427F108	2,704	35,600	SH		SOLE		35,600	0	0
KIMCO RLTY CORP	COM	49446R109	3,649	197,226	SH		SOLE		197,226	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	2,001	125,125	SH		SOLE		125,125	0	0
LEXINGTON REALTY TRUST	COM	529043101	4,654	513,638	SH		SOLE		513,638	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	4,098	84,637	SH		SOLE		84,637	0	0
LIFE STORAGE INC	COM	53223X107	1,167	12,000	SH		SOLE		12,000	0	0
LTC PPTYS INC	COM	502175102	3,436	75,021	SH		SOLE		75,021	0	0
MACERICH CO	COM	554382101	2,036	46,970	SH		SOLE		46,970	0	0
MACK CALI RLTY CORP	COM	554489104	1,732	78,030	SH		SOLE		78,030	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	7,656	413,609	SH		SOLE		413,609	0	0
MID AMER APT CMNTYS INC	COM	59522J103	3,244	29,671	SH		SOLE		29,671	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	2,351	178,358	SH		SOLE		178,358	0	0
NATIONAL HEALTH INVS INC	COM	63633D104	4,469	56,893	SH		SOLE		56,893	0	0
NATIONAL RETAIL PPTYS INC	COM	637417106	7,566	136,600	SH		SOLE		136,600	0	0
NEW SR INVT GROUP INC	COM	648691103	567	104,121	SH		SOLE		104,121	0	0
NEXPOINT RESIDENTIAL TR INC	COM	65341D102	809	21,102	SH		SOLE		21,102	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	2,529	66,298	SH		SOLE		66,298	0	0
ONE LIBERTY PPTYS INC	COM	682406103	850	29,295	SH		SOLE		29,295	0	0
PARK HOTELS RESORTS INC	COM	700517105	445	14,328	SH		SOLE		14,328	0	0
PEBBLEBROOK HOTEL TR	COM	70509V100	2,810	90,480	SH		SOLE		90,480	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	1,280	203,491	SH		SOLE		203,491	0	0
PHYSICIANS RLTY TR	COM	71943U104	3,382	179,791	SH		SOLE		179,791	0	0
PLYMOUTH INDL REIT INC	COM	729640102	1,009	60,000	SH		SOLE		60,000	0	0
PREFERRED APT CMNTYS INC	COM	74039L103	837	56,479	SH		SOLE		56,479	0	0
PROLOGIS INC	COM	74340W103	8,260	114,807	SH		SOLE		114,807	0	0
PUBLIC STORAGE	COM	74460D109	3,419	15,700	SH		SOLE		15,700	0	0
QTS RLTY TR INC	COM CL A	74736A103	675	15,000	SH		SOLE		15,000	0	0
REALTY INCOME CORP	COM	756109104	4,406	59,900	SH		SOLE		59,900	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	607	35,000	SH		SOLE		35,000	0	0
RETAIL PROPERTIES OF AMER INC	CL A	76131V202	164	13,446	SH		SOLE		13,446	0	0
REXFORD INDL RLTY INC	COM	76169C100	1,403	39,176	SH		SOLE		39,176	0	0
RLJ LODGING TR	COM	74965L101	1,207	68,688	SH		SOLE		68,688	0	0
RLJ LODGING TR	CUM CONV PFD A	74965L200	2,418	96,117	SH		SOLE		96,117	0	0
RPT REALTY	COM SH BEN IT	74971D101	987	82,220	SH		SOLE		82,220	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	2,203	113,154	SH		SOLE		113,154	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	8,660	47,527	SH		SOLE		47,527	0	0
SITE CENTERS CORP REIT	COM	82981J109	933	68,500	SH		SOLE		68,500	0	0
SL GREEN RLTY CORP	COM	78440X101	2,509	27,900	SH		SOLE		27,900	0	0
SPIRIT RLTY CAP INC NEW	COM NEW	84860W300	764	19,240	SH		SOLE		19,240	0	0
STAG INDL INC	COM	85254J102	6,870	231,693	SH		SOLE		231,693	0	0
STARWOOD PPTY TR INC	COM	85571B105	2,885	129,100	SH		SOLE		129,100	0	0
STORE CAP CORP	COM	862121100	1,340	40,000	SH		SOLE		40,000	0	0
SUMMIT HOTEL PPTYS INC	COM	866082100	721	63,203	SH		SOLE		63,203	0	0
SUN CMNTYS INC	COM	866674104	8,635	72,856	SH		SOLE		72,856	0	0
TAUBMAN CTRS INC	COM	876664103	529	10,000	SH		SOLE		10,000	0	0
UDR INC	COM	902653104	2,364	52,000	SH		SOLE		52,000	0	0
UMH PPTYS INC	COM	903002103	2,757	195,796	SH		SOLE		195,796	0	0
URSTADT BIDDLE PPTYS INC	CL A	917286205	640	31,000	SH		SOLE		31,000	0	0
VENTAS INC	COM	92276F100	6,266	98,200	SH		SOLE		98,200	0	0
VEREIT INC	COM	92339V100	2,375	283,716	SH		SOLE		283,716	0	0
VICI PPTYS INC	COM	925652109	648	29,600	SH		SOLE		29,600	0	0
VORNADO RLTY TR	SH BEN INT	929042109	2,686	39,835	SH		SOLE		39,835	0	0
WASHINGTON PRIME GROUP NEW	COM	93964W108	1,871	331,148	SH		SOLE		331,148	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	2,679	91,225	SH		SOLE		91,225	0	0
WELLTOWER INC	COM	95040Q104	2,654	34,200	SH		SOLE		34,200	0	0
WHEELER REAL ESTATE INVT TR	PFD CNV SER D	963025606	1,001	71,354	SH		SOLE		71,354	0	0
WHITESTONE REIT	COM	966084204	1,497	124,535	SH		SOLE		124,535	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	178	8,100	SH		SOLE		8,100	0	0