NEWTON, Mass.--(BUSINESS WIRE)--
Senior Housing Properties Trust (Nasdaq: SNH) today announced that its
Blaine Medical Center property in Blaine, MN has been designated a BOMA
360 Performance Building by the Building Owners and Managers Association
(BOMA) International 360 Performance 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 BOMA 360 label indicates that BOMA believes
a building is outperforming the competition with regard to its
operations and management.
Blaine Medical Center is a 76,600 square foot, two-story Class A medical
office building located approximately 18 miles north of downtown
Minneapolis, MN. The property is 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 to
more than 650 buildings with over 75 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 June 30, 2017,
The RMR Group LLC had approximately $27.9 billion of total assets under
management, including more than 1,400 properties, and employed over 475
real estate professionals in more than 30 offices throughout the United
States; the companies managed by The RMR Group LLC collectively had
approximately 53,000 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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Source: Senior Housing Properties Trust