Senior Housing Properties Trust Saw ‘Stable’ 2017

Senior Housing Properties Trust (NYSE: SNH) had a decent year in 2017 despite facing a few headwinds in the fourth quarter, the company’s CEO said during its fourth-quarter earnings call Tuesday. The Newton, Massachussets-based real estate investment trust (REIT) logged a normalized funds from operations (FFO) of $59.2 million, or 25 cents per share, for the fourth […]

SNH Acquires 7-Property Five Star Assisted Living Portfolio

Real estate investment trust Senior Housing Properties Trust (NYSE: SNH) has executed a $112.4 million sale-leaseback with Five Star Quality Care (NYSE: FVE) for a portfolio of seven assisted living communities, the two companies announced Wednesday. SNH also has amended its agreements over management fees for communities in the REIT’s portfolio that are managed by […]