Senior Housing Properties Trust, a Newton-based real estate investment trust that owns and leases senior citizen housing, saw its net income fall to $25.6 million, or 15 cents per share, for the quarter ended Sept. 30.
That’s down from $30 million, or 20 cents per share, for the quarter ended Sept. 30, 2011.
According to a statement from the company, "net income was negatively impacted by the timing of acquisitions and the deployment of the proceeds received from our capital raises in July 2012."
One cause for the net income drop included a loss on early extinguishment of debt of approximately $6.3 million related to the prepayment of a portion of the outstanding principal balance of the firm’s FNMA secured term loan.





