Senior Housing Properties Trust - McKnight's Senior Living

Senior Housing Properties Trust

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Five Star earnings fail to meet expectations, Diversified succeeds

As a result of the sale of 18 skilled nursing facilities during the second and third quarters of 2019, Five Star Senior Living announced that its senior living revenue for the fourth quarter of 2019 decreased 4.6% to $263.7 million from $276.3 million for the same period in 2018. Conversely, senior living revenue at communities the company operated continuously since Oct. 1, 2018 for the fourth quarter of 2019 in 2019 increased 1.4% to $260.4 million for the fourth quarter of 2019 from $257.0 million for the same period in 2019.

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