After a year marked by up-and-down transaction volume, senior housing real estate investment trusts (REITs) may be gearing up for a buying rebound in 2017—but don’t expect them to acquire Brookdale Senior Living (NYSE: BKD). That’s one prediction for what the year ahead will hold for the big three health care REITs, Ventas Inc. (NYSE: VTR), […]
Texas Investors Buy $185 million SNF Portfolio Dallas businessmen Chuck Putnam and Donald Kivowitz have purchased a portfolio of 10 skilled nursing facilities (SNFs) in Maryland and Pennsylvania for $185 million. The portfolio includes approximately 1,297 beds total. The transaction was financed by a syndication led by Bank of Texas, an affiliate of BOK Financial […]
Chicago-based Ventas Inc. (NYSE: VTR) is not in talks to buy Brookdale Senior Living (NYSE: BKD), the real estate investment trust (REIT) said in a presentation posted on the company’s website Monday morning. “Brookdale is an important tenant, and Ventas is, and expects to continue to be, in regular discussion with Brookdale on a variety […]
NHP Foundation-Urban Athletic Fund Acquires Connecticut Portfolio for $43 Million The NHP Foundation-Urban Atlantic Fund I, LLC acquired four apartment complexes in Connecticut for approximately $43 million. The portfolio consists of 404 total units, and all properties benefit from a Project-Based Section 8 Housing Assistance Payment (HAP) contract for all units. The $50 million equity fund was […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on services, design, and technology. “Alexa, […]
After breaking into the hospital and life science sector last year with a $1.5 billion splash, Chicago-based real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) appears to be poised for a slower year for its senior living business. Citing more new supply expected to hit the market in 2017, Ventas executives said during a year-end […]
With a glut of technology targeting senior living, not everything out there is right for residents or providers. And seemingly good ideas may turn out to be flops in a trial run, while others are surprise hits. We’ve taken a look at how some technologies become winners in senior living settings, but now we’re focusing […]
IPA Closes $1.06 Billion in Transactions In 2016, IPA National Seniors Housing Group closed $1.06 billion in transactions. The total includes 29 transactions in 19 states. Highlights of the year include the completion of the largest privately held majority SNF portfolio sale on record nationally since 2012 and the second-largest stand-alone senior care property sale […]
The caregiver crisis is looming, and most senior living providers are stepping up their game when it comes to recruiting and retainment. But one operator has taken their incentive program to keep and attract employees even further by offering free senior living care to those who have stayed with the company for decades. English Meadows […]
Carolina Bay at Autumn Hall isn’t just for seniors. The continuing care retirement community (CCRC), located in Wilmington, North Carolina, is part of a larger, integrated master planned community and contributes to the intergenerational living in this area. The CCRC sits on 17 acres and is only about three miles from one of the nicest beaches […]
