On the heels of a reshaping of its senior housing portfolio taking place over the course of the last two years, health care REIT HCP (NYSE: HCP) says it is prepared to ride out the headwinds associated with the transition. Despite being positioned for long-term success, the Irvine, California-based health care REIT said in announcing […]
Brookdale Senior Living
Don’t expect another major lease restructuring or an “OpCo/PropCo” split for Brookdale Senior Living (NYSE: BKD) any time soon. Instead, the Brentwood, Tennessee-based company — fresh off a busy year of dispositions, lease restructurings with REIT landlords and discussions with major shareholders — is focused on improving the senior housing portfolio it has today, according […]
Atlas Senior Living is not one of the largest senior housing providers in the country, but it is growing at a fast clip, combining entrepreneurial energy with operational know-how. . Last year, the Birmingham, Alabama-based company nearly doubled in size by adding 187 units to its portfolio, the bulk of it coming from the acquisition […]
Senior housing providers and other industry stakeholders may be feeling a sense of dread going into 2019. Occupancy is at a low point, labor expenses are surging amid sharp workforce challenges, new competition continues to pressure certain markets, construction costs are up and aging baby boomers are not yet entering communities in huge numbers. While […]
In 2019, senior living providers need get over a “me first” mentality and get collaborative. Occupancy will remain stagnant and workforce challenges will grow more complicated, but changes in the U.S. economy and health care system could alleviate some pressures and create business opportunities. However, to take advantage of opportunities, providers might need to “detonate” […]
HCP To Sell 15 Million Shares of Stock HCP (NYSE: HCP) is selling 15 million shares of its common stock. The stock consists of 2 million shares offered directly by the company and 13 million shares offered on a forward basis in connection with a forward sale agreement, at a price of $28.90 per share. The forward buyer, […]
One of Brookdale Senior Living’s (NYSE: BKD) most vocal investors has weighed in on its previously reported proposal to split the company into a real estate investment trust (REIT) and an operator. Stamford, Connecticut-based investment management firm Land & Buildings on Monday released an open letter to Brookdale’s shareholders detailing a recent meeting with members of […]
Welltower (NYSE: WELL) has announced $1 billion in new off-market investments, involving 11 separate off-market senior housing and medical office transactions. In addition, an affiliate of Qatar Investment Authority (QIA) has made a $300 million investment in Welltower’s common stock and has an option to acquire an interest in a development pipeline of urban senior […]
One of Brookdale Senior Living’s (NYSE: BKD) most vocal investors has reportedly told management they should split the company into two parts, with one dedicated to real estate ownership and the other focused on operations. Activist investor Jonathan Litt, who heads up Stamford, Connecticut-based investment management firm Land & Buildings, told Brookdale management the company […]
Brookdale Senior Living’s (NYSE: BKD) portfolio restructuring may be in the late innings, but the game is not over yet. The stock price for the Brentwood, Tennessee-based senior housing owner and operator slumped over 11% in trading Monday after RBC Capital Markets analyst Frank Morgan issued further guidance. Morgan his target price for Brookdale stock […]
