A Quebec-based developer and manager of 26 retirement complexes has unveiled a five-year investment plan valued at $2 billion that will build 30 new residential complexes for seniors in the Greater Montreal region. Speaking last week at the Board of Trade of Metropolitan Montreal’s strategic forum on major real estate projects, Réseau Sélection’s CEO Réal […]
Category: International
Like the United States, cities in China are feeling the pressure of rapidly aging demographics, rising health care costs and an increased investor appetite to build senior housing facilities. Despite what may seem like favorable characteristics, today’s elderly in China have yet to reveal their support for senior living products. So why is investor interest […]
Senior living providers in the U.S. have yet to substantially tap into the Asian market for senior housing development, though many have explored the potential there. And Chinese companies are taking some cues from senior living operators in the States, at least from an exploratory standpoint, as Chinese leaders visited a series of communities last […]
Like the United States, Canada’s senior housing market is in full swing — good news for many of the U.S.-based senior housing organizations that have looked to our northern neighbor for acquiring assets and conducting market analysis. Still, matching supply and demand in advance of the expected surge of aging baby boomers will be a major challenge […]
When it comes to affording and receiving much-needed health care, older Americans are in worse shape compared to some of the world’s leading nations, according to the results from a new international survey. In the U.S., adults age 65 and older are sicker and more likely to struggle paying medical bills and getting the health […]
A popular tourist spot, beachfront real estate and a newly converted resort hotel adds up to what developers say will give luxury senior housing in the U.S. a run for its money south of the border. Those are the ingredients for Front Beach Retirement Mexico, a Mexican development company that sees opportunity in targeting American […]
A California-based private equity firm is moving forward with plans to develop $750 million worth of new senior housing construction over the next three years, for which it’s enlisting foreign investors to help fund a portion of the pipeline. Over the next 36 months, PDC Capital Group, a firm based in Costa Mesa, Calif., will […]
Health Care REIT (NYSE: HCN) announced Thursday has completed an 11-property senior housing portfolio acquisition in Southern England from Gracewell Healthcare for £153 million (USD$257 million) in cash. Separately, Sunrise Senior Living, in which HCN owns a 24% interest, has acquired Gracewell’s management company and will manage the portfolio. The companies are also partnering on […]
A Hong Kong-based investor and a global capital raising firm have accumulated U.S. $100 million via insurance-based bonds for the development of a Chinese continuing care retirement community (CCRC). Assisted by Hong Kong’s First Equity Finance Company and IFA Capital, Chinese development company Jiangsu Suja Group Ltd. will raise the $100 million to construct a CCRC […]
In efforts to address a lack of senior care facilities to accommodate growing demographic shifts, investors in Japan are forming the nation’s first healthcare-focused real estate investment trust (REIT), which plans to manage 100 billion yen (US$975.1 million) in senior living assets. Tokyo-based Kenedix, Inc., an independent real estate asset management company, is spearheading the […]
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