07:02 AM EDT, 03/15/2024 (MT Newswires) -- Northwest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) overnight Thursday reported fourth-quarter 2023 adjusted funds from operations of $32.8 million, or $0.13 per share, down from $41.4 million, or $0.17 per share, in the prior-year period.
Fourth-quarter 2023 net loss attributable to shareholders widened to $188.9 million from a loss of $135.5 million in the year-ago quarter.
Revenue from investment properties in the fourth quarter of 2023 was $124.0 million, increasing 4.1% year over year.
The REIT's shares lost 2.3% yesterday.