Financing & Investment: SNH strikes major deal
SENIOR LIVING REIT PLANS TO INVEST $67.5 MILLION Senior Housing Properties Trust (NYSE: SNH) has entered into a transaction with Five Star Quality Care Inc. (AMEX: FVE) valued at up to $67.5 million. SNH purchased from Five Star for $24 million four assisted living facilities (ALFs) totaling 299 units which were leased back to Five […]
