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 […]
Vertex Pharmaceuticals
Senior Housing Properties Trust (NYSE: SNH) today agreed to acquire two Boston medical office buildings (MOBs) for $1.125 billion, following an announcement last month that the company would strengthen its focus on private-pay assets. The acquisition agreement includes SNH acquiring two 15-story biotech MOBs, which include a connected, three-level parking garage in Boston’s burgeoning Seaport […]
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