Welltower, Jefferson Health JV Would Integrate Health System with Senior Housing

Welltower (NYSE: WELL) is making further strides on health system partnerships, with senior housing playing a key part in the strategy. The Toledo, Ohio-based health care real estate trust on Monday announced a memorandum of understanding with Philadelphia-based Thomas Jefferson University and Jefferson Health to create a joint venture that may eventually include partnering on […]

Transactions & Financings: ORIX-Hunt Real Estate Capital Merger; Diversified’s $103M Portfolio Sale

ORIX USA acquires Hunt Real Estate Capital ORIX Corporation USA completed its acquisition of Hunt Real Estate Capital, creating a commercial real estate finance platform with annual loan production in excess of $9 billion and a servicing portfolio of more than $40 billion. ORIX will combine Hunt into its existing brands, Lancaster Pollard and RED […]

Transactions & Financings: Five Star Restructuring Complete; HJ Sims Arranges $219M Construction Financing

Cindat, Omega partner on $232M UK portfolio deal Chinese investment firm Cindat Capital Management entered into a joint venture with health care real estate investment trust, Omega Healthcare Investors (NYSE: OHI), on a 49% stake in a 67-property senior housing portfolio in the United Kingdom from Irvine, California-based health care REIT, Healthpeak Properties (NYSE: PEAK). […]

Senior Housing Properties Trust Changes Name, Announces $208M in Sales

Senior Housing Properties Trust (Nasdaq: SNH) sold nearly $208 million worth of assets, changed its name and made its first active adult acquisition in the tail end of 2019. The Newton, Massachusetts-based real estate investment trust (REIT) announced Monday it had completed $207.8 million in property sales during the fourth quarter of 2019. The sales […]

Top Senior Housing Trends for 2020

Expect the winds of change to blow harder than ever through the senior housing industry in 2020. With each passing year, the wave of baby boomer demand draws nearer, attracting more capital and a greater diversity of talent to senior housing. In 2020, the pioneering companies that started the industry may still have a leg […]

Most-Read Senior Housing News Stories of 2019

Alexis Ohanian’s predictions about senior living disruption caught the attention of Senior Housing News’ readership last year. The Reddit co-founder’s interest in developing tech solutions for seniors was our top-read story of 2019, ending a two-year stranglehold on the top spot by Jimmy Buffett’s Latitude Margaritaville expansion. In fact, the intersection of innovation and senior […]

Senior Housing Investment Returns Beat Every Property Type Except Industrial

Senior housing continues to pay off for investors, with only industrial real estate producing higher annualized returns for the period ending Sept. 30, 2019. That’s according to data compiled by the National Council of Real Estate Fiduciaries (NCREIF), recently shared in a blog by Beth Mace, chief economist at the National Investment Center for Seniors […]

Transactions & Financings: Dominium’s $52M Loan; OneDay Closes Funding Round

Dominium secures $52M for Arizona community Plymouth, Minnesota-based affordable housing developer Dominium secured a $51.7 million construction and permanent financing package for Solstice of Mesa, a 237-unit 55-and-over affordable senior community in Mesa, Arizona. KeyBank provided the loan using its Private Placement Program. Dominium will manage the property when it is completed in summer 2021. […]