HCP to Transition 24 Brookdale Properties to Atria Senior Living

Two dozen senior living communities owned by real estate investment trust (REIT) HCP Inc. (NYSE: HCP) are getting a new operator, transitioning from Brookdale Senior Living (NYSE: BKD) to Atria Senior Living.  Brentwood, Tennessee-based Brookdale is the largest senior living provider in the nation, and has been facing financial and operational challenges since its 2014 […]

Atria Plans $1 Billion in Real Estate Ventures After Capital Raise

Fresh off of a major capital raise, the nation’s seventh-largest senior housing provider is now planning to invest $1 billion in real estate ventures in high-barrier-to-entry markets. Senior executives at Louisville, Kentucky-based Atria Senior Living recently sold 50% of their ownership interest in the company’s management business to Fremont Realty Capital, Atria announced Wednesday. Atria […]

Senior Housing Finance Activity: KeyBank, HFF

KeyBank Provides $47.7 Million in Financing for Assisted Living Portfolio in Southeast KeyBank Real Estate Capital has arranged a total of $47.7 million of permanent financing for six assisted living facilities managed by Ridge Care Inc. The financing included a 35-year, $38.5-million fixed-rate loan through the FHA 232/223(f) mortgage insurance program, as well as a $9.2 […]