REIT Prices Stock Offering

December 13, 2007, 3:00 p.m. EST 1 Min Read

Senior Housing Properties Trust, a real estate investment trust based in Newton, Mass., has priced a public offering of 5.0 million common shares of beneficial interest at $22.81 per share.The joint book-running managers of the offering are UBS Investment Bank, Merrill Lynch & Co., and Morgan Stanley. The REIT said it has granted the underwriters an option to buy up to 750,000 additional shares to cover any overallotments. The company can be found online at http://www.snhreit.com.

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