Health care real estate investment trusts (REITs) have been the most active investors in senior housing properties of late, dishing out hundreds of millions of dollars to acquire massive portfolios. But the full force of their blockbuster potential may still be yet to come. Currently, health care REITs own about 12% of all the institutional […]
The year in review for the senior housing mergers and acquisition market could be characterized by several traits, primarily the insatiable appetite among investors nurtured by billion-dollar blockbuster transactions. Both publicly- and non-traded REITs, private equity firms, as well as other operators were the players, acquiring senior housing and health care real estate and an […]
On Wednesday, Griffin-American Healthcare REIT II completed its previously announced merger with New York-based real estate investment trust (REIT) NorthStar Realty Finance Corp. (NYSE: NRF), a transaction valued at $4 billion. The announcement was made by Griffin Capital Corporation and American Healthcare Investors, both co-sponsors of Griffin-American Healthcare REIT II, which first announced in August […]
Fundraising by nontraded real estate investment trusts (REITs) has tripled since 2009 — rapid growth that has led regulators in several states to push for restrictions on the industry, The Wall Street Journal reports. Previous reports indicated that nontraded REITs would play an integral role in shaping the senior housing merger and acquisition landscape this […]
Following the launch of its senior living brand last year, a Dallas-developer has big plans for the rest of 2014 and beyond, including a name change and a pipeline of over $100 million in new construction slated for the next year. Formerly known as Caddis Partners, the company rebranded itself last week, updating everything from […]
In case you missed them, here are the top five stories grabbing Senior Housing News readers’ attention this week: Developer Takes Alternative Approach to $500 Million Senior Living Pipeline Chicago-based Bright Oaks Group already has $200 million of new construction under development, but is planning to kick it up a notch to $500 million worth of […]
After months of rumors, Griffin-American Healthcare REIT II may soon have a new owner in NorthStar Realty Finance Corp. (NYSE:NRF), according to a report from The Wall Street Journal. The cash-and-stock deal would value the real estate investment trust (REIT) at $3.5 billion to $3.7 billion, notes the WSJ, which cites two individuals familiar with […]
In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Ventas to Acquire ARC Healthcare REIT in $2.6 Billion Deal In acquisition news, Ventas announced it is acquiring American Realty Capital Healthcare REIT, a deal that makes it the sixth largest real estate investment trust in the country. Holiday Retirement […]
Following a rumored bidding war over healthcare real estate investment trust Griffin-American Healthcare REIT II, American Realty Capital Healthcare Trust has emerged as a frontrunner, Reuters reported this weekend. Citing people familiar with the matter, the report indicates Griffin-American Healthcare REIT II is still valued at around $3.7 billion by its potential acquirer. ARC healthcare […]
In case you missed it…here are the top five headlines grabbing SHN readers’ attention this week: EB-5 Funding Booms for Senior Living Development—The Immigrant Investor Program is gaining steam as a growing source of funding for senior living developers, some of which include Omega Communities and RockBridge Senior Living. Brookdale to Change Community Names Under […]
