Investment funds managed by Morgan Stanley Investment Management have collectively acquired a three-community portfolio from private equity group Kayne Anderson for $305 million. Morgan Stanley Real Estate Investing (MSREI) manages the investment fund, and the portfolio comprises 463 units in three communities near Denver. MorningStar Senior Living will remain the manager of the properties after […]
Category: Acquisitions
Activated Insights, an experience management and workforce enablement platform, has acquired CareAcademy, creating one of the largest healthcare workforce and training platforms in the country. Following the acquisition, announced Nov. 12, the platform can now support home health aides, certified nursing assistants, clinicians and operational leaders across home care, home health, hospice, assisted living and […]
Investment firm Blackstone (NYSE: BX) is offloading a portfolio of 90 senior living communities, sometimes for deep discounts compared to purchase price, according to a new story from the Wall Street Journal. Blackstone has recently sought to sell its 9,000-unit senior living portfolio in a series of one-off transactions, according to the story, published Nov. […]
Welltower (NYSE: WELL) on Monday announced it has invested a whopping $14 billion to acquire more than 700 senior housing communities, comprising more than 46,000 units in the U.K., U.S., and Canada. The Toledo, Ohio-based real estate investment trust (REIT) is funding its new transaction via asset sales, loan payoffs “and other capital recycling activity” […]
LTC Properties (NYSE: LTC) today announced an acquisition of five communities managed by senior living operator Lifespark. The Westlake Village, California-based real estate investment trust (REIT) acquired from Tukka Properties for $195 million five independent living, assisted living and memory care communities totaling 520 units in Wisconsin. St. Louis Park, Minnesota-based operator Lifespark operates the […]
AlerisLife, one of the nation’s largest senior living providers, is winding down its business in a process that is expected to be completed in the first half of 2026. As part of that process, seven different operators will be taking on the management of 116 properties in the portfolio of Newton, Massachusetts-based Diversified Healthcare Trust […]
Senior living REIT Ventas (NYSE: VTR) is said to be acquiring a six-community portfolio on New York’s Long Island for $600 million. According to an Aug. 22 story on Bloomberg, sources familiar with the deal said that Ventas was acquiring the portfolio from Harrison Street and B2K Development. The latter will operate the communities with […]
Less than two years after ending a JV in Canada with Welltower (NYSE: WELL), Chartwell Retirement is growing North of the U.S. border. This week, the Mississauga, Ontario-based company announced a $432 million deal to acquire six communities in London, Waterloo, and Mississauga, Ontario. The six communities total 1,024 units, composed of independent living, apartments […]
Sunrise Senior Living recently added two senior living communities in California as part of what CEO Jack Callison is calling a new “era of growth.” This week, the McLean, Virginia-based senior living provider announced it took on management of the two communities in partnership with Griffin Living, a national senior housing developer based in Calabasas, […]
The senior living industry could be “more durable” than some of its real estate counterparts in the years to come with regard to tariffs, while immigration is a bigger, longer-term issue. The impact of tariffs on the senior living industry, along with potential impacts including proposed cuts to Medicare and Medicaid and ongoing deportations, have […]
