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NEWTON, MA-Senior Housing Properties Trust released its Q2 and six month financial results for the period ended June 30 2009. Senior Housing posted a net income of $30.5 million, of $0.25 per share, for the quarter. Last year, its net income was $21.7 million, with the handicap of an “impairment of assets charge of #2.9 million, or $0.03 per share” related to a property the group intended to sell during the period ended June 30, 2008.

The FFO for this past quarter was $52.8 million, compared to $41.2 million for the same period last year. The common shares outstanding tallied up to 120.5 million, comparably higher than the 100.3 million left at the end of this quarter last year.

Falling into the six moth net income, the company boasted a $62 million, or $0.52 per share, over a six month FFO of $105 million. This, in comparison year-over-year to $5-million net income over $79.6-million FFO for the same period end June 30th, 2008.

In a release, the company states that as recently as August 4th, 2009, they closed a “$512 million in mortgage financing with the Federal National Mortgage Assoc., which is secured by first liens on 28 senior living properties leased to Five Star Quality Car, Inc.” Part of this financing will be repaying “amounts outstanding under our revolving credit facility and to purchase three medical office, clinic and biotech laboratory building from HRPT Properties Trust.” The balance will be used to fund investments and for “general business purposes,” says the release.

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