Normalized FFO of $80.1M or $0.43 per share vs. $79M and $0.43 a year ago. Dividend is $0.39 per share.
SNH acquired one property in April for $32.7M, and has another under agreement for purchase price of about $1.125B. Continuing to move away from reliance on government programs, company has nine properties on the market - the majority of their revenues come from Medicare, Medicaid, and related.
CC at 1 ET