Nasdaq: SNH PRICE: -0.02 19.57 YIELD: % -0.1% Volume: 927,898 October 19, 2017

Cautionary Language

The information appearing on SNH’s website includes statements which constitute forward looking statements. These forward looking statements are based upon SNH’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. SNH’s actual results may differ materially from those contained in SNH’s forward looking statements. The information contained in SNH’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in SNH’s periodic reports and other filings, identifies important factors that could cause SNH’s actual results to differ materially from those stated in SNH’s forward looking statements. SNH’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on SNH’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Senior Housing Properties Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

OK
Cautionary Language

Please note that you are about to view content from a third party website. SNH does not by its inclusion imply its endorsement of or concurrence with the data provided on this website.

OK

Senior Housing Properties Trust Enters Transaction with Five Star Quality Care, Inc.

June 06, 2005

NEWTON, Mass.--Senior Housing Properties Trust (NYSE: SNH) today announced that it entered a transaction with Five Star Quality Care, Inc. (AMEX: FVE) for up to $67.5 million.

Pursuant to this transaction, SNH purchased from Five Star four assisted living communities (299 living units) for $24.0 million which were leased back to Five Star. The properties are located in Nebraska (73 units), Georgia (62 units), Nashville (122 units) and South Carolina (42 units), they are presently approximately 92% occupied and 100% of the revenues at these facilities are paid by residents from their private resources. The initial rent will be $180,000/month (i.e., 9% per annum of the purchase price) and will increase by a percentage of gross revenue increases at these communities starting in 2007. These communities will be added to a combination lease for 97 communities from SNH to Five Star which has a current term ending in 2020, plus tenant renewal options thereafter.

In addition to this sale leaseback, SNH also agreed to provide a first mortgage line of credit to assist Five Star with financing its purchase of six assisted living communities in the area of Pittsburgh, PA. These six communities (654 living units) are being purchased by Five Star for $58.0 million and the line of credit may be drawn up to $43.5 million (i.e., 75% of the purchase price). At closing, $24 million of this line of credit was drawn and the balance may be drawn by Five Star to finance future acquisitions or for its other business purposes. This mortgage line of credit requires payment of interest only at 9% per annum until it matures on June 30, 2007.

Senior Housing Properties Trust is a real estate investment trust, or REIT, that owns senior living properties, nursing homes and hospitals located in 32 states.

Senior Housing Properties Trust
Timothy A. Bonang
617-796-8149
Manager of Investor Relations
www.snhreit.com

IR Contact

U.S Green Building CouncilEnergy Star Partner