Hegarty to Step Down as Senior Housing Properties Trust President, COO

David Hegarty, the president and COO of Senior Housing Properties Trust (Nasdaq: SNH), is stepping down from the Newton, Massachusetts-based real estate investment trust (REIT) on April 30, according to a Monday press release. Senior Housing Properties Trust is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management […]

Senior Star Blasts Five Star’s Cozy REIT Relationship

Senior Star is once again calling out the actions of Five Star Quality Care (Nasdaq: FVE), this time criticizing multiple elements of its close relationship with real estate investment trust (REIT) Senior Housing Properties Trust (Nasdaq: SNH). Five Star Quality Care was once a 100% owned subsidiary of Senior Housing Properties Trust, which remains the senior […]

Senior Housing Finance Activity: Ensign, Senior Housing Properties Trust

Senior Housing Properties Trust Announces $620 Million Mortgage Financing on Boston Seaport Buildings Real estate investment trust (REIT) Senior Housing Properties Trust (Nasdaq: SNH) announced that it has closed on a $620 million, 10-year, non-amortizing mortgage loan that matures in August 2026. The loan is secured by two Class A, 15 story life-science buildings, which […]