Senior Housing Properties Trust (SNH) Misses Q3 FFO by 1c
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Senior Housing Properties Trust Announces Third Quarter 2016 Results
November 4, 2016 7:00 AM EDTThird Quarter Net Income of $0.12 Per Share
Third Quarter Normalized FFO of $0.45 Per Share
NEWTON, Mass.--(BUSINESS WIRE)-- Senior Housing Properties Trust (Nasdaq: SNH) today announced its financial results for the three and nine months ended September 30, 2016.
During the third quarter we continued to focus on managing our portfolio and balance sheet, said David Hegarty, President and Chief Operating Officer. We sold $20.4 million of properties during the quarter; subsequent to the quarter end, we acquired a MOB for $18.5 million and agreed to acquire two... More
