Senior Housing Properties Trust Making “Great Progress” on Dispositions, COO Says

Jennifer Francis, president and COO of Senior Housing Properties Trust (Nasdaq: SNH), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.

Francis discussed the headway that Senior Housing Properties Trust has made with its disposition strategy. She noted that the REIT identified $900 million in assets for disposal, in an effort to reduce leverage. “We’ve made great progress,” she said, with just over $700 million of assets either sold, under agreement to sell, or with offers received.

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