Most Popular News of the Week: REIT Mega-Deal Averted, Amenities Key to Repositioning

In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week:

Brookdale-Emeritus Merger Averted REIT Mega-Deal—It turns out Brookdale Senior Living (NYSE:BKD) wasn’t the only suitor looking to acquire Emeritus, but was just one among several other unnamed interested buyers, several of which analysts suggest may have been real estate investment trusts (REITs).

Senior Living No Longer If You Build it, They Will Come—Senior living are learning that when developing or repositioning, an existing community, there’s a lot more to offer than just the status quo.


Fortress to Sell Off 19 Million Brookdale Shares—A Brookdale investor since 2005, Fortress Investment Group—also an investor in Holiday Retirement—this week unloaded nearly its entire stake in the senior living provider through an underwritten public offering.

3 Risks REITs Take With RIDEA-Structured Deals—RIDEA-structured deals bear rewards as well as risks for REITs that may include operational performance, legal and reputational risks.

Formation Capital Sees Big Opportunity in Senior Tech Startups—Long an investment group focused on senior living and healthcare properties, Formation Capital is broadening its platform as a funder for startup companies focused on senior care.


Written by Jason Oliva

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