DIVERSIFIED HEALTHCARE TRUST

Regulatory Filings • Nov 14, 2006

8-K 1 snh_8k.htm SNH 8K - NOVEMBER 14, 2006 SNH 8K - November 14, 2006 Licensed to: Sullivan & Worcester LLP Document Created using EDGARizer HTML 3.0.4.0 Copyright 2006 EDGARfilings, Ltd., an IEC company. All rights reserved EDGARfilings.com

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 14, 2006

SENIOR HOUSING PROPERTIES TRUST

(Exact Name of Registrant as Specified in Its Charter)

Maryland

(State or Other Jurisdiction of Incorporation)

00 1-15319	04-3445278
(Commission
File Number)	(IRS
Employer Identification No.)
400
Centre Street, Newton, Massachusetts	02458
(Address
of Principal Executive Offices)	(Zip
Code)

617-796-8350

( Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On November 14, 2006, Senior Housing Properties Trust, or the Company, priced an underwritten public offering of 5,000,000 common shares of beneficial interest. The Company expects to issue and deliver these shares on or about November 17, 2006. The public offering price was $22.06 per share. The Company expects to use the $ 105.0 million of net proceeds of the offering (after estimated expenses and underwriters’ commissions) to reduce amounts outstanding on the Company’s revolving bank credit facility. The Company also granted the underwriters an option to purchase an additional 750,000 common shares to cover overallotments, if any.

A prospectus supplement relating to these common shares will be filed with the Securities and Exchange Commission. This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities laws of any such state.

WARNING CONCERNING FORWARD LOOKING STATEMENTS

THIS REPORT CONTAINS STATEMENTS WHICH CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER FEDERAL SECURITIES LAWS, INCLUDING WITH RESPECT TO THE COMPANY’S ISSUANCE OF THE COMMON SHARES (INCLUDING THE OVERALLOTMENT OPTION) AND ITS INTENDED USE OF THE PROCEEDS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON OUR PRESENT INTENT, BELIEFS OR EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTAINED IN OR IMPLIED BY OUR FORWARD LOOKING STATEMENTS AS A RESULT OF VARIOUS FACTORS. YOU SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.

Item 9.01 Financial Statements and Exhibits .

(d)	Exhibits
1.1	Underwriting
Agreement, dated as of November 14, 2006, between Senior Housing
Properties Trust and the underwriters named therein relating to the
issuance and sale of up to 5,750,000 of the Company’s common shares of
beneficial interest.
5.1	Opinion
of Venable LLP.
8.1	Opinion
of Sullivan & Worcester LLP as to tax matters.
23.1	Consent
of Venable LLP (contained in Exhibit 5.1).
23.2	Consent
of Sullivan & Worcester LLP (contained in
Exhibit 8.1).

[Signature Page Follows]

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| SENIOR
HOUSING PROPERTIES TRUST |
| --- |
| By: /s/
John R. Hoadley |
| John
R. Hoadley |
| Treasurer
and Chief Financial Officer |

Date: November 14, 2006