The RMR Group Inc. (Nasdaq: RMR) is a holding company and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC. The RMR Group LLC 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 five publicly owned real estate investment trusts, or REITs, and three 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 35 offices throughout the United States; the companies managed by The RMR Group LLC collectively had approximately 53,000 employees.
About RMR Real Estate Services
RMR Real Estate Services, a division of The RMR Group, is responsible for all aspects of real estate management for over 600 buildings with over 70 million square feet of commercial office, industrial, medical office, lab and retail space. This volume and range creates an extensive depth of knowledge and expertise in the real estate management arena, enabling us to operate buildings efficiently, consistently, and to the highest standards. Our strategic approach, which combines management by well recognized industry leaders at a national and local level and seasoned property management professionals at the operational level, enables us to maximize property value while delivering a superior level of service to our tenants.