One of the 10 most-read stories on Senior Housing News last year was our coverage of the Cogir and Cadence merger, announced in November. In 2023, expect more deals of this type — and larger ones — to reshape the senior living operator landscape. In fact, Senior Housing News today broke the news of Solvere […]
TPG Capital
Insurance giant Humana (NYSE: HUM) will pay approximately $5.7 billion to take full ownership of the nation’s largest home health provider, Kindred at Home. The transaction values Kindred at Home at $8.1 billion; Humana holds an existing equity value of $2.4 billion — a 40% stake — through a deal executed in 2017 with private […]
Kindred Healthcare (NYSE: KND) on Tuesday announced a definitive agreement to be acquired by a consortium of three companies—Humana Inc. (NYSE: HUM); TPG Capital; and Welsh, Carson, Anderson & Stowe (WCAS)—for about $4.1 billion in cash. The deal is anticipated to close during the summer of 2018, pending certain closing conditions and agreements among stakeholders. Ventas […]
The so-called “big three” health care real estate investment trusts (REITs) continue to dominate as the largest non-provider senior living property owners in 2015, with Health Care REIT Inc. [NYSE: HCN] retaining its top position on the annual list from the Assisted Living Federation of America. HCN ranked No. 1 in all three metrics considered, […]
In addition to compiling the top senior living providers by unit count for 2014, the Assisted Living Federation also ranked the top property owners in the sector by number of units and properties nationwide. Among the top owners, six of the top seven are real estate investment trusts, with the remaining owner being private equity […]