Senior Housing Properties Trust Announces Hallmark Health Medical Center Achieves BOMA 360 Designation
April 03 2018 - 7:45AM
Business Wire
Senior Housing Properties Trust (Nasdaq: SNH) today
announced that its Hallmark Health Medical Center property, located
in Reading, MA, has been designated as a 360 Performance Building
by the Building Owners and Managers Association (BOMA)
International Program Council.
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 360 label indicates
that BOMA believes a building is outperforming the competition with
regard to its operations and management.
Hallmark Health Medical Center is a 33,600 square foot, three
story medical office building approximately 15 miles north of
Boston. The property is managed by 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). The RMR Group LLC is responsible for
providing all aspects of property management services to more than
650 buildings with over 75 million square feet of commercial
office, industrial, medical office, lab and retail space.
About Senior Housing Properties TrustSenior 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 operating subsidiary of The RMR Group Inc. (Nasdaq: RMR).
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, 2017, The
RMR Group LLC had approximately $30 billion of total
assets under management, including more than 1,400 properties, and
employed over 550 real estate professionals in more than 35 offices
throughout the United States; the companies managed
by The RMR Group LLC collectively had approximately 52,000
employees. The RMR Group Inc. is headquartered
in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the Nasdaq.No
shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
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version on businesswire.com: https://www.businesswire.com/news/home/20180403005449/en/
Senior Housing Properties TrustBrad Shepherd,
617-796-8234Director, Investor Relations
Senior Housing Properties (NASDAQ:SNH)
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