Senior Housing Properties Trust Announces Second Quarter 2017 Results
SENIOR HOUSING PROPERTIES (SNH)
Last senior housing properties earnings: 11/7 07:00 am
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US:NYSE Investor Relations:
snhreit.com/investors/default.aspx
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Source: Business Wire
Second Quarter Net Income Attributable to Common Shareholders of $0.07 Per Share Second Quarter Normalized FFO of $0.44 Per Share NEWTON, Mass.--(BUSINESS WIRE)-- Senior Housing Properties Trust (Nasdaq: SNH) today announced its financial results for the quarter and six months ended June 30, 2017. “In the second quarter, we focused on investing in our existing portfolio and managing our balance sheet,” said David Hegarty, President and Chief Operating Officer. “During the quarter ended June 30, 2017, we remained disciplined with our deployment of capital by investing approximately $25 million in our managed and triple net leased senior living communities. Since the quarter ended, we closed on the purchase of one medical office building for approximately $16.4 million and we entered a contract to purchase another MOB for approximately $16.7 million. During the quarter, we prepaid approxima
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