| Business Summary | | Senior
Housing
Properties
Trust
(SHPT)
is
a
real
estate
investment
trust
(REIT)
that
invests
in
senior
housing
real
estate,
including
apartment
buildings
for
aged
residents,
assisted
living
facilities,
congregate
care
communities
and
nursing
homes.
As
of
December
31,
2000,
the
Company
owned
86
properties
located
in
23
states.
SHPT
believes
that
the
aging
of
the
US
population
will
increase
the
demand
for
existing
senior
apartments,
congregate
care
communities,
assisting
living
facilities
and
nursing
homes
and
encourage
development
of
new
properties.
The
Company's
present
business
plan
contemplates
investment
in
properties
that
offer
four
types
of
senior
housing
accommodations,
including
some
properties
that
combine
more
than
one
type
in
a
single
building
or
campus. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Senior
Housing
Properties
Trust
is
a
real
estate
investment
trust
focused
on
investing
in
senior
housing
properties.
For
the
six
months
ended
6/30/01,
revenues
totalled
$136
million,
up
from
$37.2
million.
Net
income
fell
62%
to
$5.6
million.
Revenues
reflect
the
inclusion
of
a
$113.3
million
required
account
for
facilities'
operations
in
2001.
Earnings
were
offset
by
the
inclusion
of
a
$110.4
million
loss
on
facilities'
operations. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Hegarty, 44 Pres,
COO, Sec., Chief Financial Officer and Acting Treasurer | $26K | Bruce Gans, M.D., 54 Trustee | -- | John Harrington, 64 Trustee | -- | Arthur Koumantzelis, 70 Trustee | -- | Gerard Martin, 66 Managing
Trustee | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|