Newton, MA-based alternative asset management company RMR Group has promoted Jennifer Francis to executive vice president.

Francis will now lead the entire asset management division of RMR, adding the senior living and hotel segments to her previous responsibilities of overseeing asset management for the office, industrial and retail segments as well as serving as President and Chief Operating Officer of Diversified Healthcare Trust. Francis has more than 30 years of experience working in the commercial real estate industry.

“Over the past 14 years, Jennifer has played a critical and integral role in executing on our business strategy and growing RMR into the nationwide $32 billion alternative asset manager it is today,” said Adam Portnoy, managing director and CEO at RMR. “She is directly responsible for the creation and growth of RMR’s real estate asset management team, which today is responsible for all RMR-managed properties, overseeing more than 1,800 leases and close to 92 million square feet of commercial office, industrial, medical office, life science and retail space.”

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