Senior housing transaction dollar volume rose by a decent amount during the beginning of this year, mostly thanks to large acquisitions made by institutional buyers such as private equity firm Blackstone. That’s according to the preliminary data for the first quarter of this year from the National Investment Center for Seniors Housing & Care (NIC). Total volume […]
NIC
Private equity firm Blackstone Group (NYSE: BX) increased its senior housing holdings in the first quarter of 2017, acquiring 26 properties operated by Senior Lifestyle from real estate investment trust Welltower (NYSE: HCN) for $745 million.* This was one of the largest deals to close in the first quarter of the year, according to a […]
Where are senior housing developers building? Look no further than the Sun Belt, the Midwest, and the East Coast. Dallas, Minneapolis, and Atlanta were busiest for senior housing development over the past year, National Real Estate Investor reported, based on National Investment Center for Seniors Housing and Care (NIC) data. Here are the top seven cities […]
Happy Monday! Tax Day is tomorrow—but we’re sure you already knew that. To avoid thinking about it, here’s a recap of what we covered last week: The senior housing industry dealt with an unfortunate combination of high supply and low demand in early 2017—with the result being the lowest occupancy rate since mid-2013. It seems […]
The senior housing industry dealt with an unfortunate combination of high supply and low demand in early 2017—with the result being the lowest occupancy rate since mid-2013. The first-quarter 2017 senior housing annual inventory growth rate increased 0.2 percentage points from the fourth quarter of 2016 to 3.4%—its fastest pace since at least 2006, according to data […]
Young professionals in senior living seem to have a few things in common. One is that they find their jobs rewarding. Another is that they never intended to make a career in this industry. This is according to a few young, emerging leaders in the field of aging, who have banded together to raise awareness […]
Happy Monday, Senior Housing News readers! If you’re reading this, you’ve survived April Fools Day—hopefully with your pride and chosen hair color in tact, too. While you recuperate, catch up on some of the top news Senior Housing News reported on last week: The probability of Brookdale Senior Living (NYSE: BKD) being sold between now […]
This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which […]
This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which […]
This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which […]
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