Transactions & Financings: Five Star Restructuring Complete; HJ Sims Arranges $219M Construction Financing

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). […]

Chinese Company Acquires 5% Stake in Brookdale Senior Living

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 […]

Chinese Investors Still Have Intense Appetite for U.S. Senior Housing

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 […]

Brookdale Deal Stalls, Could Fetch $4 Billion

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 […]

Blackstone, Cindat Rumored to Bid for Senior Housing Down Under

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 […]