Foreign Investors, Private Equity Snapping Up Senior Housing Real Estate

With strong tailwinds buoyed by promising demographics, the U.S. senior housing industry has become very attractive not only to the traditional buyers of health care real estate, but also increasingly to private equity and overseas investors. As health care real estate investment trusts continue to make strategic dispositions and refocus their portfolios, foreign capital is seizing acquisition […]

Birth of a REIT: Taking Stock of HCP and Its Spin Off

The skilled nursing spin-off of real estate investment trust HCP Inc. (NYSE: HCP) officially has been completed and is set to begin regular trading on Nov. 1. While early trading will send some signals about what investors think of the spin-off, the success for Irvine, California-based HCP and its new entity, Quality Care Properties (QCP), will be determined […]

CCRCs’ Capital Spending Hits Post-Recession High

Recently, owners of continuing care retirement communities (CCRCs) have been spending more money than usual to expand and keep their existing communities looking fresh. In fact, capital spending for CCRCs in the United States has reached its highest level since the Great Recession, according to a new report from Fitch Ratings. Median capital spending for CCRCs […]

Under Pressure, REITs Back Off Skilled Nursing

Payment reforms have made their sting across the health care industry, with the skilled nursing market taking a hit. And some of the senior housing industry’s biggest real estate owners of skilled nursing properties have started reducing their portfolio exposure in the asset class as a result. Despite the shift in the attractiveness of skilled […]

Why the REIT Sector Could Get a $100 Billion Boost

Real estate investment trusts (REITs) have gained so much momentum as a major force in real estate, they are being put in their own sector in an important investment classification tool and could be in for a capital boost from all the attention. Following market close on August 31, equity REITs were reclassified as their […]

Nurse Wage Pressures to Tighten Senior Living Margins

The senior living industry is currently facing its fair share of wage-related hurdles, from minimum wage hikes to overtime regulations. Soon, senior living margins may be further tightened by nursing industry wage pressures. Specifically, a rise in registered nurse salaries could soon pressure the operations costs of some senior living companies and nonprofit hospitals, according to Fitch […]

Senior Housing Finance Activity: Ziegler, Kindred

Ziegler Closes $34.49 Million Bond Issue on Behalf of UMRH Chicago-based speciality investment bank Ziegler announced the successful closing of the $34,485,000, tax-exempt, fixed-rate Series 2016A Bond issue on behalf of The United Methodist Retirement Homes (UMRH). UMRH, a Life Care Services partner since 2000, is a multi-site operator of three continuing care retirement communities […]

Editor’s Picks: Another Brookdale Exec Stepping Down

Spring is in full swing, with another new senior living company blooming onto the scene. This week, the news that Adam Kaplan, a former Senior Lifestyle Corp. executive, is launching Solera Senior Living captured our readers’ attention. We also kept our readers in the know about another executive shakeup at Brookdale, why REITs may be […]

Fitch: REITs to Steer Clear of Skilled Nursing for ‘Forseeable Future’

Facing lower margins for the foreseeable future, real estate investment trusts (REITs) are doing their best to put underperforming skilled nursing assets behind them, according to a special report from Fitch Ratings. The news comes just after HCP, Inc. (NYSE: HCP), one of the “big three” health care REITs, announced it is spinning off its struggling […]