Where is Mr. Portnoy based, considering his involvement with Sonesta Simply Suites?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Adam Portnoy – Director
Mr. Portnoy has served as our, SRLHCF's and RLHC's director since March 2021. Mr. Portnoy also holds or has held the following positions, each located in Newton, Massachusetts: Director of Sonesta and its subsidiaries since January 2012; Managing Director, President and Chief Executive Officer of The RMR Group Inc. since June 2015; President and Chief Executive Officer of The RMR Group, LLC since 2005; Trustee and President of ABP Trust, and director and President of its subsidiaries, since January 2016; Managing Trustee of Diversified Healthcare Trust, and director of its subsidiaries, since January 2007; Managing Trustee of Industrial Logistics Properties Trust, and director of its subsidiaries, since September 2017; Managing Trustee of Office Properties Income Trust, and director of its subsidiaries, since January 2009; Managing Trustee of Service Properties Trust, and director of its subsidiaries, since January 2007; Managing Trustee of Seven Hills Realty Trust and director of its subsidiaries since 2009; and director of AlerisLife Inc. and its subsidiaries since March 2018; director of Tremont Realty Capital LLC since March 2016, and President and Chief Executive Officer from March 2016 through December 2017; and President of MPC Partnership Holdings LLC (now doing business as RMR Residential) since December 2023, and of its direct wholly owned subsidiaries. Mr. Portnoy is based in Newton, Massachusetts.
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 16–19)
What This Means (2025 FDD)
According to Sonesta Simply Suites' 2025 Franchise Disclosure Document, Adam Portnoy, a Director for Sonesta Simply Suites, is based in Newton, Massachusetts. The FDD indicates that Mr. Portnoy has held various positions, including Director of Sonesta and its subsidiaries since January 2012, and Managing Director, President and Chief Executive Officer of The RMR Group Inc. since June 2015. He also serves as President and Chief Executive Officer of The RMR Group, LLC since 2005.
Additionally, Mr. Portnoy is a Trustee and President of ABP Trust, and director and President of its subsidiaries, since January 2016. He is also the Managing Trustee of Diversified Healthcare Trust, Industrial Logistics Properties Trust, Office Properties Income Trust, and Service Properties Trust, along with being a director of their subsidiaries. He has been a director of AlerisLife Inc. and its subsidiaries since March 2018, and director of Tremont Realty Capital LLC since March 2016, where he also served as President and Chief Executive Officer from March 2016 through December 2017. Furthermore, he is the President of MPC Partnership Holdings LLC (now doing business as RMR Residential) since December 2023, and of its direct wholly owned subsidiaries.
The fact that all these positions are noted as being located in Newton, Massachusetts, reinforces that Mr. Portnoy's base of operations and primary business location is in Newton, Massachusetts. For a prospective Sonesta Simply Suites franchisee, this information may be relevant for understanding where key leadership and decision-making for the franchise are situated.