Category: Finance and Development

Health Care REIT Completes Historic $1.5 Billion Stock Offering

Health Care REIT, Inc. (NYSE: HCN) has completed its largest ever overnight stock offering, raising gross proceeds of about $1.5 billion that will be used in part to invest in seniors housing properties, the company announced today. The public offering of nearly 19.6 million shares Read More »

Senior Housing Investments & Transactions: Chicago Pacific Founders

Marcus & Millichap Announce $13.8 Million Sale of Ohio ALF Mark Myers, Joshua Jandris and Charles Hilding of Marcus & Millichap Institutional Property Advisors represented the seller in a transaction that closed recently, involving an 82-unit assisted living and memory care facility in Canton, Ohio. Read More »

‘Ritz-Carlton Meets Disney World’ For New Senior Housing Developer

affinitas

Luxury has been a buzzword in senior living, with new models sporting high-end amenities, such as wine cellars, and creating a resort-town feel. But as senior living continues to take cues from the hospitality sector, a new senior housing entrant says a “city club” rather than a Read More »

Most Read: Sunrise Tops List of Social Media-Savvy Providers

In case you missed them, here are the top headlines that grabbed Senior Housing News readers’ attention this week. Multifamily Investor Makes $500M Power Play Into Senior Living — As the senior housing sector draws more outside investors to the space, multifamily investment firm Drever Capital Management Read More »

In the Pipeline: Senior Housing Construction Projects (2/26/15)

Construction: Planned California CCRC to Spend Upwards of $30 Million on Expansion To accommodate an expected increase in the demand for senior living, Casa Dorinda, a California continuing care retirement community (CCRC) plans to add roughly 103,000 sq. ft. and build 20 independent living units Read More »

Best Senior Living Repositioning 2014: Hospitality-Meets-Rehab

MyRehab Center - Main Entrance at Night

Providing senior care services in the same area for over a century merits a certain reputation. It also warrants the entire rebirth of an organization, from the services provided to the physical campus itself. Such was the undertaking of Lutheran Life Communities, an Illinois-based not-for-profit Read More »

Senior Housing Finance Activity: Cambridge, MidCap Financial

Lancaster Pollard Provides $5M Acquisition Financing for N.C. AL, Dementia Care Facility  Lancaster Pollard’s recently launched finance company provided a $5.3 million balance sheet loan to fund Meridian Senior Living’s acquisition of Lawyer’s Glen Retirement Living Center. Lawyer’s Glen Retirement Living Center is an 82-bed licensed Read More »

HCN Announces $2.2 Billion Q1 Investment Pipeline

Just days after Health Care REIT (NYSE: HCN) reported a record year of earnings during a call with industry analysts, the real estate investment trust announced that it anticipates completing approximately $2.2 billion of investments in the first quarter of 2015. In comparison, the company completed $3.7 Read More »

Multifamily Investor Makes $500M Power Play Into Senior Living

drever

It’s no secret that senior housing has seen an increase in multi-family real estate players entering the space. Drawing many outside investors are attractive investment returns — with senior housing outperforming other asset types in commercial real estate even during the recent economic downturn, according Read More »

Health Care REIT Sees Big Post-Acute Bet Paying Off

Health Care REIT (NYSE: HCN) made some big moves last year and they’re paying off, as the second-largest health care real estate investment trust boasted a record year of earnings and “phenomenal” 7.3% growth in its senior housing operating portfolio.  Its performance is driven, in Read More »