For years, senior living providers have embraced the concept of continuing care retirement communities (CCRCs) “without walls.” They are, some providers believe, a great way to get a foot in the door with seniors who are otherwise hesitant to live anywhere than in their own homes. These programs allow healthy, active older adults to maintain their independence […]
NorthStar, Colony Merger Closes NorthStar Asset Management (NYSE: NSAM), NorthStar Realty Finance Corp. (NYSE: NRF) and Colony Capital (NYSE: CLNY) completed the previously announced merger of the companies into real estate investment trust (REIT) Colony NorthStar Inc. (NYSE: CLNS). The new entity currently has an equity market capitalization of approximately $9 billion and assets under […]
