NEWSRELEASE
Two
Newton
Place
255
Washington
Street,
Suite
300 Newton,
Massachusetts
02458 617-796-8390
NEWS
RELEASE
The
RMR
Group
Inc.
to
Ring
Nasdaq
Opening
Bell
on Wednesday,
June
14,
2017
6/14/2017
NEWTON,
Mass.--(BUSINESS
WIRE)--
The
RMR
Group
Inc.
(Nasdaq:
RMR)
today
announced
that
Adam
Portnoy, President
and
Chief
Executive
Officer,
along
with
the
Board
of
Directors
and
other
members
of
the
executive management
team
will
ring
the
Nasdaq
Stock
Market
Opening
Bell
today,
Wednesday,
June
14,
2017
at
9:30
a.m.
ET. The
bell
ringing
ceremony
is
occurring
in
connection
with
RMR's
previous
listing
of
common
shares
on
the
Nasdaq in
December
2015.
"The
RMR
Group
began
business
over
30
years
ago
as
a
manager
of
real
estate
and
real
estate
related
businesses, and
we
currently
have
a
combined
$27.6
billion
in
assets
under
management,"
said
Adam
Portnoy,
President
and Chief
Executive
Officer.
"Today,
we
are
a
publicly
traded
alternative
asset
management
company
that
manages
four publicly
traded
REITs,
three
real
estate
related
operating
companies,
a
real
estate
securities
mutual
fund
and
a commercial
real
estate
finance
firm.
We
also
want
to
thank
everyone
that
contributed
to
our
success
as
a
business during
the
last
three
decades,
including
our
employees,
tenants,
clients
and
investors."
A
live
stream
of
the
Nasdaq
Opening
Bell
will
be
available
at
The
RMR
Group
Inc.
is
a
holding
company
and
substantially
all
of
its
business
is
conducted
by
its
majority
owned operating
subsidiary,
The
RMR
Group
LLC.
The
RMR
Group
LLC
is
an
alternative
asset
management
company
that primarily
provides
management
services
to
publicly
traded
REITs
and
real
estate
related
operating
companies.
As
of March
31,
2017,
The
RMR
Group
LLC
had
approximately
$27.6
billion
of
total
assets
under
management,
including more
than
1,400
properties,
and
employed
over
475
real
estate
professionals
in
more
than
35
offices
throughout the
United
States;
the
companies
managed
by
The
RMR
Group
LLC
collectively
had
approximately
53,000
1
employees.
The
RMR
Group
Inc.
is
headquartered
in
Newton,
Massachusetts. View
source
version
on
:
Source:
The
RMR
Group
Inc. The
RMR
Group
Inc. Timothy
A.
Bonang,
617-796-8230 Senior
Vice
President
2
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