Revera Completes Management Buyout of Sunrise Senior Living

Canadian senior living operator Revera Inc. is now officially the majority owner of Sunrise Senior Living’s (NYSE: SRZ) management company following the completion this week of a previously announced transaction. The completed transaction arrives two months after Health Care REIT (NYSE: HCN), which owned 20% interest in Sunrise’s management company, agreed to recapitalize its ownership […]

Developer Takes Multi-Gen Approach to Senior Housing in China

China’s massive aging population and a new government policy are meshing well for one developer’s multi-general “mini-city” concept that looks to house 30,000 people of all ages, reports Quartz. M Health China plans to build a mult-gen mini-city in the southwestern city of Chongqing, featuring 30-story high rise complexes designed with the elderly in mind. […]

WSJ: Foreign Investors Betting on China’s Senior Housing Market

A number of global investors are joining local Chinese real estate developers as both look to bank on a senior housing boom sparked by the country’s massive elderly population, Wall Street Journal reports. Global property firms such as Merrill Gardens Related, a joint venture between real estate developer Related Cos. and senior housing operator Merrill […]

Europeans Export Seniors Abroad in Search of Affordable Care

In search of high quality and more affordable care for their loved ones, Europeans have turned to exporting their seniors to nearby countries—particularly Poland, Bloomberg reports.  The “Grandma Export” trend has been a topic of concern in Germany, where some have denounced it as “gerontological colonialism” and “nations exporting their trash,” writes the Bloomberg article. […]

International Investor Acquires $124 Million U.S. Senior Housing Portfolio

Chevalier International Holdings Limited, an investment holding company based in Hong Kong, recently announced plans to acquire a U.S. portfolio of senior housing properties for $124 million (USD), according to The properties are located in North Carolina and have an aggregate 441,584 square feet.  “With the growing aged population and steady rise in healthcare expenditure […]

Senior Housing Acquisition and Investment Round-Up (9/16/2012)

The international senior living scene is heating up, and developers and investors in other countries are making moves to prepare for the impending wave of baby boomers. Here are a few stories from around the globe, ranging from nearby Canada to India to New Zealand, along with a couple smaller, local deals by American senior […]