What Is the Senior Housing Properties Trust?


Quick Answer

The Senior Housing Properties Trust is a real estate investment trust, also known as a REIT. The trust invests in and owns senior citizen housing, independent living properties and health care facilities across the United States.

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Full Answer

The Senior Housing Properties Trust owns and operates a significant number of real estate holdings. According to the Senior Housing Properties Trust, the organization owns over 370 properties across 38 states and has a mission of continual growth and development of new properties. The properties are composed of a mix of skilled nursing facilities, living communities, hospitals, wellness centers and shopping centers. The Trust, located in Newton, Massachusetts, was created in 1998, and it is traded on the New York Stock exchange.

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