Quarterly Results

Quarter

3Q 2017

Third Quarter 2017 Highlights
  • EPS, FFO and FFO as adjusted per share, were ($0.02), $0.33 and $0.48, respectively
  • Achieved year-over-year three-month SPP Cash NOI growth of 3.2%, including 5.3% in the SHOP portfolio
  • Entered into transactions which provide a path to reduce Brookdale concentration to approximately 15.7% 
  • Reentering the Boston life science market with $228 million acquisition of the Hayden Research Campus, bringing our year-to-date announced acquisitions and developments to $447 million 
  • Announced launch of sales process for remaining UK holdings
  • As previously announced, repurchased $500 million of our 5.375% senior notes due 2021
  • Promoted Tom Klaritch to Chief Operating Officer and appointed Shawn Johnston as Chief Accounting Officer  
  • Increased 2017 FFO as adjusted guidance range and reaffirmed aggregate 2017 SPP Cash NOI growth guidance
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