This week, SHN readers became acquainted with Welltower, Inc., dove deeper into what fuels senior living move-ins, and learned about a new challenge to Fortress Investment Group. Here in the newsroom, we are intrigued by a saga involving a California assisted living facility and its wild pet duck. Most Read on SHN Health Care REIT’s […]
HCN
This week, SHN readers delved deeper into the $1 billion acquisition of Trilogy Health Services LLC and learned who topped this year’s list of the largest senior housing owners and operators. Other top stories involved different technologies that help increase senior housing revenue and innovative programs aimed at upping senior living referrals. Here in the […]
In yet another demonstration of the huge scale Brookdale Senior Living (NYSE: BKD) achieved by acquiring rival Emeritus last year, the company seized the No. 1 spot—with a bullet—on the American Seniors Housing Association’s annual rankings of the largest senior housing owners in the United States. Brentwood, Tennessee-based Brookdale now owns 976 properties, totaling 82,356 […]
Goldman Sachs naming Brookdale Senior Living (NYSE: BKD) as one of six top acquisition targets in the health care sector earlier this week has refueled conversation about the future of the major senior living provider. But the Goldman report left one big question unanswered—who might the buyer be? No potential buyers stand out from the […]
With a new pure-play real estate investment trust on the hunt for acquisitions and public policy providing tailwinds for the sector, it appears that a flurry of transactions could bring significant consolidation to the skilled nursing industry in the near future. And with $100 billion of skilled nursing assets currently in private hands, according to […]
Institutional Property Advisors Announces Senior Housing Transactions Totaling Over $6 million Institutional Property Advisors has announced its facilitation of the transactions of two senior housing facilities in Iowa and Illinois for more than $6 million total. Misty Meadows Senior Living Center in Metropolis, Illinois was sold by a limited liability company to Damen Healthcare for $4.38 […]
As large portfolio deals in the U.S. senior housing sector have become rarer, some major investors are closing big transactions in foreign markets. Prominent U.S. real estate investment trusts have posted noteworthy Canadian deals recently, but they also are active overseas, dramatically ramping up activity in European markets in the last year. Europe-based investors reduced […]
Sunrise Senior Living is once again building new properties from the ground up. After a period of inactivity, the company announced the opening of a community in the Bay Area last week, with others set to open in Ohio and Southern California in the coming months. The new developments are part of a “measured, rifle-shot” […]
The CEOs of the “Big Three” health care real estate investment trusts (REITs) all were among the 25 highest-paid U.S. equity REIT chief executives in 2014, with HCP Inc.’s Lauralee Martin leading the pack. Martin, president and CEO of HCP (NYSE: HCP), took the No. 8 spot on the recently released rankings, compiled by business intelligence services […]
Health Care REIT Inc. (NYSE: HCN) is selling a life sciences portfolio for $573.5 million and plans to reinvest the proceeds in seniors housing and other core components of its portfolio, the company announced Monday. The deal involves seven life science buildings at the Massachusetts Institute of Technology’s University Park in Cambridge, Mass. HCN held […]