Shifting M&A Climate Puts Senior Housing Cap Rates in Question

This coverage of the 2016 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN brings this on-the-spot reporting from the NIC conference, which […]

Former Brookdale Exec to Lead New Senior Living Operator

Those who believe senior housing needs more high-quality operators might welcome a new entrant helmed by a former executive with industry giant Brookdale, backed by an investment firm with bona fides in the sector. Nashville-based Vitality Senior Living currently is pursuing new development in several markets in the Midwest, Northeast, and Southeast, and expects to […]

CNL to Launch $2 Billion Offering on New Health Care REIT

A new health care real estate investment trust (REIT) from private investment management firm CNL Financial Group has been declared effective by the Securities and Exchange Commission (SEC). The new REIT, CNL Healthcare Properties II, can begin its initial public offering stock of up to $2 billion in common stock. CNL Healthcare Properties II, based […]

In the Pipeline: Senior Housing Construction Projects (3/10/16)

(The Arlington of Naples Retirement Community in Naples, Fla. – Photo courtesy of Lutheran Life Communities) Construction: Planned Primrose Retirement Communities Plans Ark. Assisted Living, Memory Care Project Aberdeen, S.D.-based Primrose Retirement Communities, LLC, this week announced plans to begin construction on a 98-unit assisted living and memory care community in Rogers, Ark. Primrose is inviting […]

RED Capital to Grow After ORIX Goes All-In

A major senior housing lender says it’s poised for growth following a fresh investment from its parent company. RED Capital Group, LLC is now wholly owned by Dallas-based ORIX USA Corporation, whose ownership of RED officially grew from 88% to 100% on Feb. 22. ORIX, which offers investment capital and asset management services to clients in […]

Jumpy Investors Put Senior Housing REITs on Defense

After a shaky start to the year, investors are not cutting senior housing real estate investment trusts (REITs) any slack. But with significant ups and downs across the stock market in 2016 so far, REITs are starting to see some gains once more amid a mixed economic environment. The big three health care REITs in […]

BMO Launches Billion-Dollar Senior Care Lending Unit

The senior housing sector has a powerful new capital source. BMO Harris Bank is launching a new senior care-focused group headed up by industry veteran Imran Javaid, with plans to deploy $1 billion to $2 billion over the next several years. BMO Harris has been providing financing to the senior housing and related health care […]

Senior Housing Finance Activity: Welltower, CBRE

Welltower Completes $700 Million Senior Unsecured Note Offering Toledo, Ohio-based Welltower Inc. (NYSE: HCN) has successfully completed its offering of $700 million in aggregate principal amount of 4.25% senior unsecured notes due April 1, 2026. The notes were priced at 99.227% of their face amount to yield 4.345%. “This transaction demonstrates Welltower’s disciplined approach to […]