REIT Report: SNH picking up massive portfolios

Senior Housing Properties Trust paying $1.3 billion for senior assets and MOBs

By John B. Mugford

In separate deals, Newton, Mass.-based Senior Housing Properties Trust (NYSE: SNH), which already had a portfolio of 370 healthcare properties, recently spent, or entered agreements to spend, more than $1.38 billion on portfolios of seniors housing communities and medical office buildings (MOBs).

In one of the transactions, the publicly traded real estate investment trust (REIT) agreed to acquire

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