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NEWTON, Mass. — The RMR Group Inc. (NASDAQ: RMR) has announced its plan to move the stock of all its managed companies from the New York Stock Exchange to the Nasdaq Stock Market. RMR’s managed companies include seniors housing owner Senior Housing Properties Trust and operator Five Star Senior Living.
The two companies will retain the same stock ticker symbols — SNH and FVE, respectively — but will begin trading on Nasdaq effective July 1.
As of July 1, 2015, Senior Housing Properties Trust was the fifth-largest owner of seniors housing properties in the United States and Five Star was the fourth-largest operator, according to the American Seniors Housing Association.
RMR is a holding company based in the Boston suburb of Newtown.