After a long evening of counting votes on Tuesday, Donald Trump was declared as the next President of the United States. The impacts of a Trump presidency will soon be known, but Tuesday night fears swirled around a potential market collapse as Trump’s imminent victory created a sharp initial downturn. By Wednesday morning however, the outlook is […]
Green Street Advisors
After engaging in a “complex and multifaceted journey” to recovery, one of the biggest health care real estate investment trusts (REITs) has reached a turning point with its recent accomplishments and is ready to move forward. HCP Inc. (NYSE: HCP) completed its spinoff of Quality Care Properties (NYSE: QCP)— its skilled nursing assets with troubled tenant […]
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 […]
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 […]
This week, Senior Housing News readers were among the first to know that Brookdale Senior Living (NYSE: BKD) sold a 44-property seniors housing portfolio for about $253 million. Readers also learned about an owner of multiple home health and senior living facilities who committed $1 billion in fraud, Atria Senior Living’s new Atria Hospitality venture, […]
Markets around the world were reeling Friday on the news that the United Kingdom intends to leave the European Union, raising major questions about impacts to global business—including senior housing. The potential good news is that senior housing as an industry might be essentially unscathed by any large-scale economic disruption following the so-called “Brexit,” experts […]
Ongoing troubles for HCP Inc. (NYSE: HCP) may have reached a critical level, making the major owner of senior housing real estate a prime takeout target—with rival Ventas Inc. (NYSE: VTR) perhaps being the most likely buyer. At least, that’s a scenario some analysts are presenting as a possible outcome for the Big Three REIT. […]
Long-held fears of oversupply in some senior housing markets may be coming to pass, and one of the largest senior housing real estate investment trusts (REITs) is marshaling its forces to meet the challenge in 2016. Chicago-based Ventas Inc. (NYSE: VTR) on Friday released its quarterly earnings from the final three months of 2015, revealing […]
The implications of the $1.125 billion acquisition of Trilogy Health Services LLC are becoming clearer, suggesting a potential change in the REIT landscape making deals more competitive and potentially constraining cap rates. Trilogy was acquired by Griffin American Healthcare REIT III, Inc. in a joint venture with NorthStar Healthcare Income, Inc., the companies announced last […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Why Nursing Homes Need to Have Sex Policies—A recent high-profile legal case in Iowa raised the issue of sex in long-term care facilities, and particularly among people with dementia. Residents having sex is not uncommon, yet few senior living providers […]
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