Business Specialties Investments
Senior Housing Properties Announces Q1 Results
May 7, 2008

Senior Housing Properties Trust has announced its financial results for the quarter ended March 31, 2008. They are as follows: Net income was $23.3 million, or $0.26 per share, for the quarter ended March 31, 2008, compared to net income of $17.5 million, or $0.22 per share, for the quarter ended March 31, 2007. Net income for the quarter ended March 31, 2007, includes a loss of $2 million, or $0.02 per share, related to the early retirement of $20 million of its 8 5/8 percent senior notes due 2012. Funds from operations (FFO) for the quarter ended March 31, 2008, were $38.3 million, or $0.42 per share. This compares to FFO for the quarter ended March 31, 2007 of $31 million, or $0.38 per share. FFO for the quarter ended March 31, 2007, includes a cash loss of $1.8 million, or $0.02 per share, related to the early retirement of the senior notes due 2012 described above.

 
Recent Investments Headlines
BH Properties Acquires Office, Retail Assets in Dallas-Fort Worth Area
May 16, 2008
BH Properties L.L.C. has acquired nine office and retail properties located around the Dallas-Fort Worth area with a tax assessed valued of approximately $22 million.
801 Travis Goddard Sells Houston Building, Puts Another on Market
May 16, 2008
Goddard Investment Group L.L.C. has sold a 135,000-square-foot office building at 675 Bering Dr. in Houston to Griffin Partners for an undisclosed amount.
Two Trenton Apartment Properties Find New Owners
May 16, 2008
With the Greater Philadelphia Region of CB Richard Ellis at the marketing helm, the 62-unit Beechwood Gardens Apartment Complex and the 18-unit Greenwood Avenue Gardens in Trenton have been snapped up by two different buyers.
Adobe to Buy Boston-Area Office Building Upon Completion
May 15, 2008
In a $44.7 million deal, Adobe Systems Inc. has agreed to purchase Overlook Center in Waltham, Mass., from Normandy Real Estate Partners upon its construction.
WestCorp, Equibase Partner to Pursue M-F Opportunities
May 15, 2008
Equibase Capital Group L.L.C. and WestCorp Management Group have partnered to create a strategic joint venture that will pursue multi-family investment opportunities throughout the United States.
 

 

Engaging Your Employees Essential
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By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
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By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
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By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
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By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
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By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...