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Portnoy Family Office (referred to in legal documents as ABP Trust) manages the assets for the Portnoy family, which includes Barry (deceased 2018) and Adam Portnoy. ABP Trust is the controlling stockholder of The RMR Group. Barry Portnoy founded what is now known as The RMR Group LLC in 1986, and served as its Chairman and a Managing Director of its parent company, The RMR Group today has $30.0 billion of total assets under management and approximately 52,000 employees collectively at RMR and its managed companies. Barry's son, Adam Portnoy, serves on the Board of RMR and the Boards of several companies managed by RMR, including: Service Properties Trust (Nasdaq: SVC), Diversified Healthcare Trust (Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Industrial Logistics Properties Trust (Nasdaq: ILPT), AlerisLife (Nasdaq: ALR), TravelCenters of America Inc. (Nasdaq: TA), Seven Hills Realty Trust (Nasdaq: SEVN), Sonesta International Hotels Corporation (private) and Tremont Realty Capital, an SEC registered investment adviser.
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