Resource Real Estate Opportunity REIT Inc. is a Maryland corporation that was formed on June 3, 2009. As used herein, the terms “we,” “our” and “us” refer to Resource Real Estate Opportunity REIT, Inc. and as required by context Resource Real Estate Opportunity OP, LP, a Delaware limited partnership, and its subsidiaries. We elected to be taxed as a real estate investment trust, or REIT, and to operate as a REIT beginning with our taxable year ended December 31, 2010. Our objectives are to preserve stockholder capital, realize growth in the value of our investments increase cash distributions through increased cash flow from operations or asset sales, and enable stockholders to realize a return on their investments. As of December 31, 2019, we owned 28 multifamily properties, as described further in “Item 2. Properties” below, and one performing loan.
Company profile
Ticker
RSRL
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
RRE Opportunity Holdings, LLC • Resource Real Estate Opportunity OP, LP • RRE Iroquois, LP • RRE Iroquois Holdings, LLC • RRE Cannery Holdings, LLC • RRE Williamsburg Holdings, LLC • RRE Autumn Wood Holdings, LLC • RRE Village Square Holdings, LLC • RRE Brentdale Holdings, LLC • RRE Jefferson Point Holdings, LLC ...
Latest filings (excl ownership)
15-12G
Securities registration termination
8 Feb 21
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
8 Feb 21
8-K
Resource REIT, Inc. Completes Merger of Three REITs
29 Jan 21
10-Q
2020 Q3
Quarterly report
10 Nov 20
425
Business combination disclosure
5 Nov 20
425
Business combination disclosure
5 Nov 20
DEFM14A
Proxy related to merger
4 Nov 20
8-K
Other Events
23 Oct 20
425
Business combination disclosure
23 Oct 20
D
$6.98M in equity, sold $6.98M, 12 investors
23 Sep 20
Latest ownership filings
Financial summary
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Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 62.55 mm | 62.55 mm | 62.55 mm | 62.55 mm | 62.55 mm | 62.55 mm |
Cash burn (monthly) | (no burn) | (no burn) | 660.67 k | 351.75 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 28.32 mm | 15.08 mm | n/a | n/a |
Cash remaining | n/a | n/a | 34.23 mm | 47.47 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 51.8 | 135.0 | n/a | n/a |