Senior Housing Investments & Transactions: NHI Acquires $74 Million CCRC

NHI Acquires $74 Million CCRC in Connecticut Real estate investment trust (REIT) National Health Investors, Inc. (NYSE: NHI) acquired an entrance-fee continuing care returned community (CCRC) in North Branford, Connecticut, for $74 million. The CCRC will be leased to NHI’s current tenant, Senior Living Communities, based in Charlotte, North Carolina. The lease term is 13 […]

Inside Trilogy’s $1 Billion Deal

The implications of the $1.125 billion acquisition of Trilogy Health Services LLC are becoming clearer, suggesting a potential change in the REIT landscape making deals more competitive and potentially constraining cap rates. Trilogy was acquired by Griffin American Healthcare REIT III, Inc. in a joint venture with NorthStar Healthcare Income, Inc., the companies announced last […]

‘Perfect Storm Conditions’ Draw Investors to Senior Housing

The senior housing real estate sector is experiencing historically high investment rates, high valuations and low cap rates, according to a recent report released by Brown Gibbons Lang & Company, a middle market investment bank based in Cleveland. The report, Healthcare Real Estate: Volume & Valuations Influenced by “Perfect Storm” Conditions, found that occupancy rates were steady in […]