JLL Announces $2 Billion HFF Acquisition, Recently Made Senior Housing Hires

The real estate capital markets landscape was shaken up Tuesday with the news that commercial real estate services brokerage JLL (NYSE: JLL) announced a definitive agreement to buy Dallas-based capital markets provider HFF (NYSE: HF) in a cash and stock transaction valued at $2 billion. Both firms are active players in senior housing and generated […]

Belmont Village CEO: New Baptist Health JV a First for Senior Living

Senior housing operators partnering with health care providers is a growing industry trend. Belmont Village’s newly announced partnership with Baptist Health South Florida, however, may be the first of its kind. The joint venture will develop a pipeline of Belmont Village communities, starting with the planned construction next year of Belmont Village Coral Gables. This […]

Transactions and Financings: SunTrust’s $67 Million Loan; Watermark Expands Management Portfolio

SunTrust provides $67 million construction loan for South Carolina community expansion Rolling Green Village, a non-profit continuing care retirement community (CCRC) in Greenville, South Carolina, secured a $67 million loan for an expansion project that broke ground last August. The loan was provided by SunTrust Banks. When completed in fall 2020, the expansion will include […]

Student Housing Developer Valeo Starts Building Vineyard Senior Living Brand

An owner, developer and builder of student housing is growing in the senior living business in a big way. Charlotte, North Carolina-based Valeo Groupe Americas — an affiliate of global firm Valeo Groupe — already has two communities under construction in Henderson, Nevada, and Bluffton, South Carolina. But that’s just the beginning of the company’s […]

Senior Housing Properties Trust Weighing Five Star Restructuring

Senior Housing Properties Trust (NYSE: SNH) is weighing a litany of options for Five Star Senior Living (Nasdaq: FVE) in light of the operator’s ongoing financial and operational problems — including a possible adjustment to the two companies’ agreements. That was top of mind during the the Newton, Massachusetts-based  real estate investment trust’s (REIT) fourth-quarter […]

Transactions & Financings: MedCore Buys $98 Million Portfolio; Walker & Dunlop’s $43 Million Financing

MedCore Partners completes $98 million portfolio acquisition in Utah, Arizona MedCore Partners, along with SunTrust Bank and Trinity Private Equity Group, acquired a 409-unit assisted living and memory care portfolio in four markets across Arizona and Utah. The total acquisition cost was $98 million. The communities include assisted living and memory care assets: Caliche Senior […]

Sabra Evaluating $1 Billion Acquisition Pipeline But Prices Still ‘Unreasonable’

Following an eventful 2018 that included the bankruptcy of a major skilled nursing tenant, Sabra Health Care REIT (Nasdaq: SBRA) anticipates a quieter 2019 that is focused on fundamentals. Specifically, the Irvine, California-based real estate investment trust will be pushing to de-lever the balance sheet and secure acquisitions, CEO Rick Matros said Monday on a […]