Senior Housing Properties Trust (SNH) Tops Q4 EPS by 2c; FFO $0.50/Share
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Senior Housing Properties Trust Announces Fourth Quarter and Year End 2016 Results
February 27, 2017 7:00 AM ESTFourth Quarter Net Income of $0.18 Per Share
Fourth Quarter Normalized FFO of $0.50 Per Share
NEWTON, Mass.--(BUSINESS WIRE)-- Senior Housing Properties Trust (Nasdaq: SNH) today announced its financial results for the quarter and year ended December 31, 2016.
"In 2016, we employed a disciplined approach to capital allocation throughout the year, said David Hegarty, President and Chief Operating Officer. "In the fourth quarter we acquired two assisted living communities and one medical office building for a total purchase price of approximately $37 million, bringing our gross... More
