Senior Living CEOs: How to Solve the Staffing Crisis

The U.S. faces an impending surge in the number of seniors who will require long-term care, while simultaneously facing a staggering shortage in the number of caregivers to serve them. This situation carries serious implications for senior housing providers in the coming years, but they may be able to avoid this “caregiver cliff” by recruiting […]

Where Fortress is Taking its Pure-Play Senior Housing REIT Next

With the backing of one of the nation’s major investment groups, Fortress Investment Group (NYSE: FIG), and a previous foray into senior living investing through its predecessor Newcastle Investment Corp. (NYSE: NCT), New Senior Investment Group (NYSE: SNR) has quickly risen in the market since its launch in late 2014. After announcing last summer that Newcastle […]

Top Senior Living Owners by Total Investments

The so-called “big three” health care real estate investment trusts (REITs) continue to dominate as the largest non-provider senior living property owners in 2015, with Health Care REIT Inc. [NYSE: HCN] retaining its top position on the annual list from the Assisted Living Federation of America. HCN ranked No. 1 in all three metrics considered, […]

Most Popular News of the Week: REIT Mega-Deal Averted, Amenities Key to Repositioning

In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Brookdale-Emeritus Merger Averted REIT Mega-Deal—It turns out Brookdale Senior Living (NYSE:BKD) wasn’t the only suitor looking to acquire Emeritus, but was just one among several other unnamed interested buyers, several of which analysts suggest may have been real estate […]

Fortress to Sell Off 19 Million Brookdale Shares

Fortress Investment Group is unloading more than 19 million shares of Brookdale (NYSE: BKD) stock, almost its entire stake in the company, through an underwritten public offering announced Tuesday. The offering of 19.4 million shares, later priced at $33 per share, is being underwritten by certain Fortress affiliates, Brookdale stated in a press release. Based on today’s current […]

Newcastle REIT Eyes Senior Housing Spin Off, $300 Million Pipeline

Newcastle Investment Corp. (NYSE: NCT) said Friday that it is considering spinning off its senior living business and is planning future acquisitions in its pipeline in the neighborhood of $300 million.  Recently, Newcastle spun off its media-related investments into its own entity, New Media Investment Group Inc. (NYSE: NEWM). Now, the company may be looking […]

Senior Housing Investments & Acquisitions: Atria, Global Healthcare REIT, Fortress

Cahill Group Buys $250 Million Senior Care Portfolio Cahill Group recently announced it has completed the $250 million acquisition of the Rosewood skilled nursing and health care portfolio, based in St. Louis, Missouri.  The acquisition includes skilled nursing facilities, senior living, home health, and other related management and service companies in St. Louis and Illinois, […]

After New Media Spinoff, Newcastle REIT Positioned for Senior Housing Growth

Newcastle Investment Corp. (NYSE:NCT), which made waves last year by acquiring 52 Holiday Retirement communities for $1 billion, has officially solidified its focus on senior housing.  The real estate investment trust last week spun off its media-related investments into New Media Investment Group Inc. (NYSE:NEWM), which began trading on the New York Stock Exchange on February […]

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 […]

Newcastle Closes $1 Billion Purchase of 51 Holiday Retirement Properties

Newcastle Investment Corp. (NYSE:NCT) announced today it has completed its acquisition of 51 independent living properties from an affiliate of Holiday Retirement for $1 billion.  Total transaction costs amounted to $1.04 billion—the purchase price funded with $720 million of non-recourse, fixed-rate mortgage debt and $320 million of equity. The debt has a weighted average coupon […]