Cindat, Omega partner on $232M UK portfolio deal Chinese investment firm Cindat Capital Management entered into a joint venture with health care real estate investment trust, Omega Healthcare Investors (NYSE: OHI), on a 49% stake in a 67-property senior housing portfolio in the United Kingdom from Irvine, California-based health care REIT, Healthpeak Properties (NYSE: PEAK). […]
Cindat Capital Management
A Chinese international conglomerate and investment company has joined a small group of shareholders that own a 5% or greater stake in Brookdale Senior Living (NYSE: BKD). Shanghai, China-based Fosun International Limited recently reported a 5.11% stake in the Brentwood, Tennessee-based senior housing giant, joining six other companies—Glenview Capital Management, The Vanguard Group, BlackRock Inc., Senator Investment […]
Going forward, Chinese investors may be a lot more active in U.S. seniors housing. That’s because there’s an “intense appetite” among Chinese capital providers for U.S. senior housing assets, John Stasinos, managing director-healthcare at private equity firm Cindat Capital Management, said last week at the National Investment Center for Seniors Housing & Care (NIC) Spring […]
The acquisition of Brookdale Senior Living (NYSE: BKD) by Beijing-based real estate and leisure firm Zhonghong Zhuoye Group Co Ltd has reportedly stalled, according to the Financial Times. The deal could fetch as much as $4 billion for the Brentwood, Tennessee-based senior living provider, although analysts have long speculated on the total value of the company’s […]
Stone Steps Up to Director Role for Emerald Communities Gig Harbor, Washington-based Emerald Communities has appointed Tonya Stone as director of nursing for Penrose Harbor, the onsite health center for its Heron’s Key community. Stone will oversee the nursing services programs, as well as the development of individual plans of care to meet residents’ needs. […]
Global private equity firms have been having a field day lately, making big investments in senior housing in the United States and other nations. Both China-based Cindat Capital Management and New York-based Blackstone Group (NYSE: BX), for instance, have placed bids for a 50% stake in the senior housing business of Sydney, Australia-based LendLease Group, Bloomberg […]
A Chinese firm is looking to invest $2 billion in U.S. senior housing in 2017—and it’s not far fetched to think Brookdale Senior Living (NYSE: BKD) could be one of its targets, according to one expert. Beijing, China-based Cindat Capital Management Ltd. is considering two investments of approximately $1 billion each into U.S. senior housing […]
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