American Realty Capital To Take REIT Public

An American Realty Capital, LLC-sponsored non-traded real estate investment trust (REIT) with senior housing at the core of its portfolio announced its intent Wednesday to go public. American Realty Capital Healthcare Trust II, Inc. (Healthcare Trust II) filed an application to list its common stock on a national stock exchange under the symbol “HTI,” and, […]

HCN’s New Big Bet on Post-Acute Care Signals Industry Sea Change

Health Care REIT (NYSE: HCN) has long invested in skilled nursing properties, but the REIT’s recent $1.4 billion partnership with Mainstreet signals a shift in the investor’s strategy of late that’s representative of a much larger transition for health care in general. More specifically, the investment points to broader change on the horizon for skilled […]

Senior Housing Buyers Seek Yield in Relationship-Fueled M&A

Top senior housing buyers are touting acquisition strategies fueled by relationships rather than relying on marketed properties that are often characterized by low cap rates and fierce competition.  While the strategy was initially born out of many healthcare real estate investment trusts’ desire to “lock up” the best senior housing operators and become their capital […]

Healthcare REITs Chasing Growth Opportunities Across Borders

As high-quality portfolio investment opportunities for senior housing-focused real estate investment trusts (REITs) dwindle, the large-cap U.S. REITs are expected to chase growth opportunities abroad. “I would not be surprised at all to see more growth coming outside of the U.S.,” says Jeff Theiler, a research analyst with Green Street Advisors. “As the pool of large, […]

Senior Housing REITs Using RIDEA to Drive Long-Term Growth

The use of RIDEA structures in REIT acquisitions is becoming more commonplace in the senior housing sector as a model that helps drive long-term growth, and analysts say the days of healthcare REITs enjoying healthy margins are far from over.  “We see the RIDEA structure as a way for the REITs to remain competitive within […]