Senior Housing Properties Trust Announces Three MOB Properties Have Received BOMA 360 Designation
April 07 2017 - 8:00AM
Business Wire
Senior Housing Properties Trust (Nasdaq: SNH) today announced
that three of its medical office buildings (MOBs) have achieved
BOMA 360 designation from the Building Owners and Managers
Association International (BOMA). The properties are located in
Phoenix, AZ (Anasazi Plaza); Valencia, CA (28515 Westinghouse
Place) and Buffalo Grove, IL (1450 Busch Parkway).
The BOMA 360 Performance Program® sets standards that are often
referred to in the market for operational best practices in the
commercial real estate industry. Earning the BOMA 360 label
indicates that BOMA believes a building is outperforming the
competition with regard to its operations and management.
The Phoenix, AZ, Valencia, CA and Buffalo Grove, IL properties
are all managed by RMR Real Estate Services, a division of The RMR
Group LLC. The RMR Group LLC manages Senior Housing Properties
Trust and it is the majority owned operating subsidiary of The RMR
Group Inc. (Nasdaq: RMR). RMR Real Estate Services is responsible
for providing all aspects of property management services for more
than 600 buildings with over 65 million square feet of commercial
office, industrial, medical office, lab and retail space that are
managed by The RMR Group LLC.
About Senior Housing Properties Trust
Senior Housing Properties Trust is a real estate investment
trust, or REIT, which owns senior living communities, medical
office buildings and wellness centers throughout the United States.
SNH is managed by The RMR Group LLC, the majority owned operating
subsidiary of The RMR Group Inc. (Nasdaq: RMR) and alternative
asset management company that is headquartered in Newton, MA.
About The RMR Group Inc.
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 December 31, 2016, The RMR Group LLC had
approximately $27.2 billion of total assets under management,
including more than 1,400 properties, and employed over 450 real
estate professionals in more than 30 offices throughout the United
States; the companies managed by The RMR Group LLC collectively had
over 53,000 employees. The RMR Group Inc. is headquartered in
Newton, Massachusetts.
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version on businesswire.com: http://www.businesswire.com/news/home/20170407005134/en/
Senior Housing Properties TrustBrad Shepherd,
617-796-8234Director, Investor Relations
Senior Housing Properties (NASDAQ:SNH)
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