Category: Finance and Development

Senior Living Gains Investor Appeal, But Best is Yet to Come

For many years, senior housing real estate was viewed as a niche investment that appealed more to experienced real estate professionals and those who understood well the health care operations involved in such an investment type. But of late, Health Care REIT (NYSE: HCN), Ventas (NYSE: Read More »

In the Pipeline: Senior Housing Construction Projects (5/21/15)

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Construction: Planned Dominion Senior Living Plans Two Projects for Tenn. Knoxville, Tenn.-based Dominion Senior Living is planning two new assisted living and memory care projects for Bristol and Crossville. The company announced this week that it will soon begin construction on a 25,000 sq. ft., Read More »

Vermont, New Hampshire Top List of Healthiest States for Seniors

Vermont ranks as the healthiest state for seniors in 2015 thanks in part to low intensive care unit (ICU) use and ready availability of home-delivered meals, new research shows. New Hampshire ranks second. Minnesota falls to third after being ranked first for two years in Read More »

[Update] CVS to Buy Omnicare in $12.7 Billion Deal

Omnicare Inc. (NYSE: OCR), the nation’s largest long-term care pharmacy provider, will be acquired by CVS Health Corp., Bloomberg News first reported Wednesday. The deal was confirmed early Thursday and will net an enterprise value for Omnicare of $12.7 billion, including $2.3 billion in debt. Omnicare has Read More »

HCN’s New Strategy: Deliver Wellness to an Aging Population

The nation’s largest health care real estate investment trust (REIT) had humble beginnings in the 1970s. But since then, Health Care REIT (NYSE: HCN), a $40 billion company, has vastly expanded its reach, while periodically shifting strategies to keep up with the evolving senior care Read More »

Senior Housing Finance Activity: Grandbridge, Northmarq

Grandbridge Closes $17M Mortgage Loan for Wash. Senior Housing Community Grandbridge Real Estate Capital’s Atlanta-based Seniors Housing and Healthcare Finance team recently closed a $16,875,000 first mortgage loan secured by Courtyard Village, a 127-unit seniors housing community in Vancouver, Wash. Funding for the acquisition was Read More »

Sabra Zeroes in on Senior Housing With $1 Billion Investment Pipeline

Sabra Health Care REIT, Inc. (Nasdaq: SBRA), an ongoing investor in health care properties, is ramping up its efforts in the senior housing space, buoyed by significant growth of its investment pipeline. That growth is in the order of more than doubling Sabra’s existing pipeline to Read More »

In the Pipeline: Senior Housing Construction Projects (5/14/15)

Construction: Planned Developers Plan Luxury Senior Living Complex for Hilton Head Island Bayshore Retirement Partners plans to build a five-stroy, luxury senior living community on South Carolina’s Hilton Head Island, reports The Island Packet. The building will include 126 one- and two-bedroom units, a library, Read More »

Senior Housing Investments & Transactions: ROC Seniors, AdCare

Greystone Real Estate Advisors Closes Sale of St. Louis Community Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group closed the sale of Brentmoor Retirement Community in St. Louis, Missouri. The property was acquired by Titan SenQuest Management, Read More »

Pieces of History: Senior Housing’s Fresh Take on Historical Redevelopment

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As some developers grapple with building senior housing projects in urban areas, others are making a name for themselves by revitalizing historic buildings in underserved neighborhoods into vibrant senior living communities. Developing in an urban, infill area presents its fair share of spatial challenges when Read More »