REITs Responsible for 94% of All Senior Housing Deals

NewImageWhile I’d like to think we’re pretty clever here at SHN, Peter Slatin from Real Capital Analytics came up with one of the best headlines I’ve ever read.

Using his column over at Forbes, Slatin writes that REIT Investment Is Viagra for Senior Housing.

“REIT M&A activity in the suddenly hot senior housing market has made that sector the most active of any property type for commercial property investors,” he says.

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This year, big deals like Health Care REIT’s acquisition of Genesis for $2.4 billion and Ventas purchasing Nationwide Health Properties Inc. for $7.4 billion have helped to drive $22.6 billion in closed and in-contract deals in senior housing according to RCA.

Looking at all the acquisitions, data from the company also shows that REITs are responsible for 94% of all deals in senior housing.  Will this merger mania continue? Maybe not at this pace – at least for now he says.

Read the article at the link below.

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REIT Investment Is Viagra for Senior Housing