Senior Housing Properties Trust (SHPT) is looking for acquisition opportunities. In January 2013, SHPT issued 11,500,000 common shares in a public offering, raising gross proceeds of approximately $273.7 million, before underwriting discounts and expenses. SHPT used the net proceeds (approximately $262.1 million) of this offering to repay borrowings outstanding under its revolving credit facility and for general business purposes, including funding in part acquisitions of properties described above and possible future acquisitions.