The RMR Group
The RMR Group (NASDAQ: RMR) is an alternative asset management company that was founded in 1986 to invest in real estate and manage real estate related businesses. RMR's business primarily consists of providing management services to four publicly owned real estate investment trusts, or REITs, and three real estate operating companies. As of March 31, 2016, RMR had $22.0 billion of real estate assets under management, including more than 1,300 properties.
The RMR Group manages Hospitality Properties Trust (HPT), a publicly traded REIT that owns hotels and travel centers, Senior Housing Properties Trust (SNH), a publicly traded REIT that owns healthcare, senior living and medical office buildings, Government Properties Income Trust (GOV), a publicly traded REIT that primarily owns and leases office buildings that are majority leased to government tenants, and Select Income REIT (SIR), a publicly traded REIT that is focused on owning and investing in net leased, single tenant properti