Newcastle’s Holiday Acquisition a Launching Pad for Big Senior Living Impact

Newcastle Investment Corp. (NYSE:NCT), a real estate investment trust managed externally by Fortress Investment Group (NYSE:FIG), made a major foray into the senior housing market with the $1 billion acquisition of a chunk of Holiday Retirement’s portfolio, and they’re gearing up for more.  The REIT previously concentrated investments in CDOs (collateralized debt obligations) along with […]