Category: International

Why Now is the Time to Seize Senior Housing Opportunities in Canada

Like the United States, Canada’s senior housing market is in full swing — good news for many of the U.S.-based senior housing organizations that have looked to our northern neighbor for acquiring assets and conducting market analysis.  Still, matching supply and demand in advance of the expected surge of aging baby boomers will be a major challenge… Read More »

America’s Senior Care Gets Low Marks Versus Global Peers

When it comes to affording and receiving much-needed health care, older Americans are in worse shape compared to some of the world’s leading nations, according to the results from a new international survey. In the U.S., adults age 65 and older are sicker and more likely to struggle paying medical bills and getting the health… Read More »

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing

A popular tourist spot, beachfront real estate and a newly converted resort hotel adds up to what developers say will give luxury senior housing in the U.S. a run for its money south of the border. Those are the ingredients for Front Beach Retirement Mexico, a Mexican development company that sees opportunity in targeting American… Read More »

Private Equity Group Taps EB-5 to Fund $750 Million Assisted Living Pipeline

A California-based private equity firm is moving forward with plans to develop $750 million worth of new senior housing construction over the next three years, for which it’s enlisting foreign investors to help fund a portion of the pipeline. Over the next 36 months, PDC Capital Group, a firm based in Costa Mesa, Calif., will… Read More »

HCN, Sunrise Expand UK Partnership, Launch Development Pipeline

Health Care REIT (NYSE: HCN) announced Thursday has completed an 11-property senior housing portfolio acquisition in Southern England from Gracewell Healthcare for £153 million (USD$257 million) in cash. Separately, Sunrise Senior Living, in which HCN owns a 24% interest, has acquired Gracewell’s management company and will manage the portfolio. The companies are also partnering on… Read More »

Capital Raise Launches $100 Million for China CCRC

A Hong Kong-based investor and a global capital raising firm have accumulated U.S. $100 million via insurance-based bonds for the development of a Chinese continuing care retirement community (CCRC). Assisted by Hong Kong’s First Equity Finance Company and IFA Capital, Chinese development company Jiangsu Suja Group Ltd. will raise the $100 million to construct a CCRC… Read More »

Japanese Healthcare REIT Plans $975 Million of Senior Housing Investments

In efforts to address a lack of senior care facilities to accommodate growing demographic shifts, investors in Japan are forming the nation’s first healthcare-focused real estate investment trust (REIT), which plans to manage 100 billion yen (US$975.1 million) in senior living assets. Tokyo-based Kenedix, Inc., an independent real estate asset management company, is spearheading the… Read More »

Revera Completes Management Buyout of Sunrise Senior Living

Canadian senior living operator Revera Inc. is now officially the majority owner of Sunrise Senior Living’s (NYSE: SRZ) management company following the completion this week of a previously announced transaction. The completed transaction arrives two months after Health Care REIT (NYSE: HCN), which owned 20% interest in Sunrise’s management company, agreed to recapitalize its ownership… Read More »

Developer Takes Multi-Gen Approach to Senior Housing in China

China’s massive aging population and a new government policy are meshing well for one developer’s multi-general “mini-city” concept that looks to house 30,000 people of all ages, reports Quartz. M Health China plans to build a mult-gen mini-city in the southwestern city of Chongqing, featuring 30-story high rise complexes designed with the elderly in mind.… Read More »

Reports: HCP to Back Purchase of $900 Million UK Senior Living Portfolio

After recent speculation HCP, Inc. (NYSE:HCP) would be a target for acquisition due to inactivity, reports indicated the REIT is ready and waiting to close in on a new deal—a big one.  According to a United Kingdom report this week by HealthInvestor, HCP is getting ready to back Formation Capital’s acquisition of HC-One, a care home… Read More »

Forbes: China, Investors See Huge Opportunity in Solving Senior Care Crisis

While the U.S. demand for senior housing is expected to surge in the coming years, it doesn’t hold a candle to the aging boom in China, a Forbes column writes.  Citing recent figures indicating there are about 10,000 people who are seeking senior care for every 12 beds that become available each year, Forbes points… Read More »