Second quarter net income at Senior Housing Properties Trust more than doubled year-over-year after the Newton-based REIT sold several properties in the period.

The REIT netted $51 million in the period ended June 30, up from $24.6 million during the same time last year. Net income for the most recent quarter includes a gain of approximately $21.3 million related to the sale of seven properties.

Since April 1, the company said it has acquired – or currently is under agreements to acquire – 29 properties, for an aggregate purchase price of approximately $360.9 million, including the assumption of approximately $91.8 million of mortgage debt and excluding closing costs.

Property Sales Fatten Senior Housing Properties Trust Q2 Profits

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