September 8, 2009 (FinancialWire) — Senior Housing Properties Trust (NYSE: SNH) said it has priced a public offering of 6.5 million common shares at $19.44 per share. The settlement of the sale is scheduled to occur on September 15. BofA Merrill Lynch (NYSE: MER), UBS Investment Bank (NYSE: UBS) and Wells Fargo Securities (NYSE: WFC) are acting as joint book-running managers.

The underwriters have been granted a 30-day option to purchase up to an additional 975,000 shares to cover over allotments, if any. The offering size has been increased from the previously announced 4,500,000 share offering.

Senior Housing plans to use the proceeds for general business purposes, including funding in part pending acquisitions or possible future acquisitions of properties.

Newton, Massachusetts-based Senior Housing Properties Trust is a real estate investment trust that owns independent living and assisted living communities, continuing care retirement communities, nursing homes, wellness centers, and medical office, clinic and biotech laboratory buidlings located throughout the United States.

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