Profile: Senior Housing Properties Trust (SNH)
12 Feb 2016
Senior Housing Properties Trust, incorporated on December 16, 1998, is a real estate investment trust (REIT), which owns independent living and assisted living communities, continuing care retirement communities, nursing homes, wellness centers and medical office, clinic and biotech laboratory tenants located throughout the United States. The Company owned 370 properties (397 buildings) located in 38 states and Washington, D.C. (including five properties (eight buildings) classified as held for sale) as of December 31, 2014. The Company's portfolio includes: 261 senior living communities with 31,414 living units/beds; 99 properties (126 buildings) leased to medical providers, medical related businesses, clinics and biotech laboratory tenants with 9.5 million square feet of space, and 10 wellness centers with approximately 812,000 square feet of interior space plus outdoor developed facilities.
The Company operates through four segments. The first operating segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include leased independent living communities, assisted living communities and skilled nursing facilities. The second operating segment includes managed senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include managed independent living communities and assisted living communities. The third operating segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include medical office buildings (MOBs). The fourth operating segment includes the operating results of certain properties that offer fitness, wellness and spa services to members.
Senior Housing Properties Trust
255 Washington St
NEWTON MA 02458-1637