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 […]

CNL Healthcare Properties Exploring Strategic Alternatives, Including Company Sale

CNL Healthcare Properties’ board of directors has appointed a special committee to evaluate strategic alternatives to provide liquidity to shareholders—including a possible sale of the company. Those alternatives may include listing the company’s common stock on a national exchange, selling the company or its assets, or seeking a merger or other deal with another company, CNL announced Tuesday afternoon. […]

Strong Senior Housing Occupancy Boosts CNL Healthcare Properties

If the recent performance of CNL Healthcare Properties is any indication, private real estate investment trusts (REITs) aren’t struggling nearly as much with senior housing occupancy as their publicly traded counterparts. The Orlando, Florida-based non-traded REIT, which is sponsored by private investment management firm CNL Financial Group, increased same-store net operating income across its portfolio […]

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 […]

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 […]

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

Senior Living Investment Brokerage Facilitates Sale of Virginia Assisted Living Facility  Glen Ellyn, Illinois-based Senior Living Investment Brokerage Inc. facilitated the sale of Lexington at Tazewell, a 42-unit, 33,480-square-foot assisted living facility in Tazewell, Virginia, for $2.15 million. The seller was the lender who had financed the renovations and then foreclosed on the developer. The buyer […]

New Players Attack Unmet Post-Acute Demand

It appears that Mainstreet has some emerging competition in the transitional care space, as a pair of new entrants embark on an aggressive pipeline to develop several short-term rehabilitation facilities primarily located in the Southwest. National Healthcare Realty (NHR), a development company formed earlier this year with a focus on health care verticals, will build 20 […]

In the Pipeline: Senior Housing Construction Projects (10/1/15)

(Bader House in San Antonio, Texas – Built by Uncommon Care with interior design by studioSIX5) Construction: Planned O’Reilly Development Plans Two Senior Living Projects for Mo. Springfield, Mo.-based O’Reilly Development Company is planning two new senior living projects: an $18.4 million development in Nixa, Mo., and a $35.8 million development in St. Charles, Mo., […]

‘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 […]