Senior Housing’s Top 10 Mega Deals of 2013

Similar to 2011 and 2012, the senior housing industry was no stranger to mergers and acquisitions in 2013, with transactions ranging in size from one or two properties to chunks of high-profile portfolios and even entire companies. We’ve gathered the top 10 U.S.-based transactions that were announced or closed throughout the past year, starting with […]

Newcastle to Acquire 52 Holiday Retirement Properties for $1 Billion

Newcastle Investment Corp. (NYSE:NCT) announced Monday an agreement to acquire a 52-property portfolio of senior housing properties from affiliates of Holiday Retirement for approximately $1.01 billion. Newcastle is a real estate investment trust primarily focused on senior housing along with other types of real estate and debt and is externally managed and advised by an […]

WSJ: Foreign Investors Betting on China’s Senior Housing Market

A number of global investors are joining local Chinese real estate developers as both look to bank on a senior housing boom sparked by the country’s massive elderly population, Wall Street Journal reports. Global property firms such as Merrill Gardens Related, a joint venture between real estate developer Related Cos. and senior housing operator Merrill […]

Ventas Buys 26 Communities from Holiday for $790 Million

Ventas Inc. (NYSE:VTR) has acquired a 26-property portfolio of independent living communities from Holiday Retirement for around $790 million, the REIT disclosed in its third quarter earnings report. Holiday Retirement, owned by Fortress Investment Group, is the largest independent living provider in the U.S. with around 300 locations, according to its website. “This is a […]

Senior Housing Investments & Acquisitions (10/2/13)

NHI Buys Senior Living Campus for $12 Million  National Health Investors, Inc. (NYSE: NHI) announced last week a $12 million acquisition of a 120-unit retirement community in Rainbow City, Ala. Built in 2003, the Regency Point Retirement Community contains 72 rental independent living units, 36 assisted living units and 12 memory care units, altogether having […]

Private Investors Chase Senior Housing Deals Under the REIT Radar

While real estate investment trusts (REITs) are known for being long-term asset holders, some private investors are pursuing a shorter term, value-add strategy, often in the hopes of attracting REITs’ deep pockets. Rather than hold senior housing properties long term, another strategy is to make one-off acquisitions that may be undesirable to or overlooked by […]

TJM Sells $200 Million Worth of Senior Living Properties to Fortress

TJM Properties recently sold the majority of its senior housing portfolio to Fortress Investment Group (NYSE:FIG), the owner of Holiday Retirement Corp., in a transaction valued at more than $200 million, according to the Orlando Business Journal.  The 15 properties included in the transaction comprised about 80% of TJM’s senior housing assets and are located […]

N.Y. Times: Ample Room for Development in China’s Senior Care Sector

Demographics in China are working to the favor of senior care developers, as the ‘one-child’ policy plus the growing senior population has led to a greater—and government-recognized—need for retirement communities.  Both local and foreign developers and investors are testing the waters for Western-style retirement and senior care communities in the Chinese market. Even Robert Tanenbaum, […]