Senior Housing Finance Activity: Capital One Bank, Sunrise, Beech Street Capital

Sunrise Announces Changes to 5.00% Junior Notes Sunrise Senior Living, LLC announced Friday that in connection with the closing of the transactions by among Health Care REIT, Sunrise Senior Living, Brewer Holdco, Inc., Brewer Holdco Sub, Inc., and Red Fox, Inc., Sunrise delivered a notice to holders of its 5.00% Junior Subordinated Convertible Notes due […]

Health Care REIT Expands into Canada With $952 Million Portfolio Acquisition

Health Care REIT, Inc. (NYSE:HCN) announced on Feb. 15 that it will use a RIDEA structure to partner with Chartwell Seniors Housing REIT (TSX:CSH.UN) to own and operate a 42-property portfolio of high-quality seniors housing and care communities located in “attractive” Canadian markets. The portfolio, which has approximately 8,200 units, is primarily made up of […]