Reit Management & Research (RMR) is a private company that primarily manages publicly traded real estate companies. Since its founding in 1986, RMR has grown from managing one public company with less than $100 million in assets to seven public companies with approximately $25 billion in assets as of June 30, 2014. RMR oversees a large portfolio of publicly owned real estate including approximately 1,230 properties with over 140 million square feet located in 47 states, Washington, D.C., Puerto Rico, Canada and Australia. In combination, the companies managed by RMR employ over 50,000 people. RMR is headquartered in Newton, MA and has over 20 regional offices.