Welltower, CNL Healthcare Properties Ink $1.25 Billion MOB Deal

Welltower (NYSE: WELL) ended 2018 with $1 billion in off-market acquisitions and a $300 million influx of Qatari capital. Two days into the new year, the Toledo, Ohio-based real estate investment trust (REIT) announced it has another blockbuster deal in the works. Welltower is to acquire a portfolio of 55 medical buildings from CNL Healthcare […]

CNL Healthcare Properties II Exploring Strategic Alternatives, Including Company Sale

CNL Healthcare Properties II has announced that its board of directors elected to close the current equity offering by Oct. 1 and will not pursue a follow-on offering. The board also formed a committee of independent directors to explore potential strategic alternatives for the non-traded real estate investment trust (REIT),¬†including a possible sale of the […]

Senior Housing Investments & Transactions: CNL Healthcare Properties II, Vitality Senior Living

CNL Healthcare Properties II Makes Its First Acquisition CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and health care properties, made its first acquisition by purchasing Summer Vista Assisted Living Community, a newly-constructed senior living community located in Pensacola, Florida. SRI Management, LLC, the company that has […]

Potential $2 Billion REIT Has Big Senior Housing Plans

CNL Healthcare Properties II, a non-traded real estate investment trust (REIT), has entered into its first senior housing acquisition agreement since the U.S. Securities and Exchange Commission (SEC) declared its initial public offering of up to $2 billion effective last spring. The platform, as it turns out, will be senior housing-heavy, according to executives. Approximately […]

Senior Housing Finance Activity: CNL Healthcare Properties II Breaks Escrow

CNL Healthcare Properties II Breaks Escrow Orlando, Florida-based CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and health care properties, has raised proceeds sufficient to break escrow in all states except Pennsylvania, Ohio, and Washington through its continuous public offering. CNL Healthcare Properties II has accepted subscription […]

CNL to Launch $2 Billion Offering on New Health Care REIT

A new health care real estate investment trust (REIT) from private investment management firm CNL Financial Group has been declared effective by the Securities and Exchange Commission (SEC). The new REIT, CNL Healthcare Properties II, can begin its initial public offering stock of up to $2 billion in common stock. CNL Healthcare Properties II, based […]