Merrill Gardens is nearly doubling its size through the acquisition of Blue Harbor Senior Living, and is welcoming back a familiar face to lead the combined entity. Merrill Gardens has acquired Blue Harbor — a senior living management company — from private equity firm Fortress Investment Group for an undisclosed price, the Seattle-based senior living […]
Sabra Health Care REIT (Nasdaq: SBRA) intends to terminate its master lease with Holiday Retirement and enter into management agreements with the independent living giant. Under the terms of a non-binding letter of intent, Sabra would terminate the master lease with regard to all 21 Holiday communities in its portfolio, the REIT announced Wednesday. At […]
Some of the nation’s largest senior housing landlords are changing or reconsidering their leases with independent living giant Holiday Retirement. National Health Investors (NYSE: NHI) has inked a new lease agreement with tenant Holiday in a move meant to position the operator for long-term success, the Mufreesboro, Tennessee-based real estate investment trust (REIT) announced Tuesday, […]
