Senior Housing Properties Trust, a real estate investment trust based in Newton, Mass., has priced a public offering of 5.6 million common shares of beneficial interest at $21.85 per share. The joint book-running managers of the offering are UBS Investment Bank, Merrill Lynch & Co., and Morgan Stanley & Co. The REIT said it has granted the underwriters an option to buy up to 840,000 additional shares to cover any overallotments. The company can be found online at http://www.snhreit.com.
REIT Prices Stock Offering
February 22, 2008, 2:00 p.m. EST 1 Min Read
