Tracking CEO Compensation at Public Senior Living Companies in 2017

The top executives behind some of the largest publicly traded senior living owners and operators in the U.S. took home a pretty penny last year. In 2017, leaders at real estate investment trusts Ventas (NYSE: VTR), Welltower Inc. (NYSE: WELL), and HCP, Inc. (NYSE: HCP) earned the most in total compensation, a catch-all term that includes base […]

Transactions & Financings: $1 Billion REIT IPO, LTC Sells Portfolio to NHI

Strategic Student & Senior Housing Trust’s IPO Declared Effective by the SEC Maryland-based Strategic Student & Senior Housing Trust, Inc., a public non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, LLC, announced that its registration statement pertaining to an initial public offering of about $1.1 billion in shares of common stock was […]

CareTrust REIT Had ‘Great Year’ Despite Some Tenant Turbulence

CareTrust REIT (Nasdaq: CTRE) had its best-ever year last year despite some operational woes with two of its smaller tenants. The San Clemente, California-based real estate investment trust (REIT) reported a normalized funds from operations (FFO) of $23.6 million, or 31 cents per share, which was roughly in line with analysts’ expectations for the fourth quarter of […]

Senior Housing Investments & Transactions: Sagora Senior Living, Senior Living Investment Brokerage

South Carolina Assisted Living Community Sells for $1.9 Million Dave Balow, Patrick Burke and Brad Clousing of Glen Ellyn, Illinois-based Senior Living Investment Brokerage handled the recent $1.9 million sale of The Magnolias of Santee in Santee, South Carolina. The 31-unit, 22,046-square-foot assisted living and memory care community was sold by an owner/operator looking to […]

Senior Housing Investments & Transactions: Civitas, CareTrust REIT

Summit Acquires Assisted Living and Memory Care Community for $13 Million Summit Healthcare REIT, Inc. announced that it acquired a 90-bed assisted living and memory care facility in Chandler, Arizona, for $13.4 million. The community will be leased to Compass Senior Living, a Eugene, Oregon-based operator who leases six other facilities owned by Summit. The […]

Senior Housing Investments & Transactions: CareTrust REIT, NHI

Texas Investors Buy $185 million SNF Portfolio Dallas businessmen Chuck Putnam and Donald Kivowitz have purchased a portfolio of 10 skilled nursing facilities (SNFs) in Maryland and Pennsylvania for $185 million. The portfolio includes approximately 1,297 beds total. The transaction was financed by a syndication led by Bank of Texas, an affiliate of BOK Financial […]

Senior Housing Investments & Transactions: IPA’s $1.06 Billion Year

IPA Closes $1.06 Billion in Transactions In 2016, IPA National Seniors Housing Group closed $1.06 billion in transactions. The total includes 29 transactions in 19 states. Highlights of the year include the completion of the largest privately held majority SNF portfolio sale on record nationally since 2012 and the second-largest stand-alone senior care property sale […]

Senior Housing Investments & Transactions: CareTrust REIT Acquires Texas Portfolio

CareTrust REIT Purchases Texas Portfolio for $96 Million CareTrust REIT (Nasdaq: CTRE), a senior housing and health care real estate investment trust (REIT), has acquired three skilled nursing facilities (SNFs) and one skilled nursing campus in the Dallas-Forth Worth area for approximately $95.9 million. In connection with the transaction, CareTrust entered into a new tenant […]

Senior Housing Investments & Transactions: NorthStar Realty to Sell $3 Billion in Assets

CareTrust REIT Buys $34.4 Million Portfolio in California CareTrust REIT, Inc. (Nasdaq: CTRE) acquired two senior housing communities and two skilled nursing facilities (SNFs) in California’s Central Valley for approximately $34.4 million.  The portfolio includes 79 assisted living units and 293 skilled nursing beds. It is currently leased to affiliates of California-based Covenant Care, LLC. […]

Senior Housing Investments & Transactions: SLIB Closes $78 Million Portfolio

SLIB Closes Sale of Four Washington Facilities for $78 Million Senior Living Investment Brokerage, Inc. (SLIB) has closed the sale of four Washington assisted living and independent living communities for a total of $78 million. The portfolio is a collection of four properties located in Seattle’s greater metropolitan area, totaling 368 units with approximately 354,083 […]