As expected, the Federal Reserve updated its policy to effectively raise short-term interest rates Tuesday, and said it will impose as many as three rate hikes in 2017. Senior housing real estate investment trusts (REITs) saw swift losses, despite the decision coming as no surprise. Fortunately, the impact of the announcement is unlikely to negatively impact […]
As the snow started to fall here in Chicago, we kept readers toasty with the latest industry news, including insight from some of the largest financial players in the industry on what 2017 will bring, as well as how the incoming Trump administration could slow overbuilding. Here in the newsroom, we called out the elephant in […]
Over the last 12 months, senior living owners and investors have seen big deals, small deals, joint ventures and REIT spinoffs. With talk of oversupply in certain regions, interested investors are taking a close look at opportunities. Deal volume is down from previous years, but a few blockbuster transactions have grabbed headlines in late 2016. […]
After coming back from a long weekend filled with turkey and cranberry sauce, we were eager to bring our readers a full week of news. We clued readers into another important pick from the incoming Trump administration and new plans from Brookdale Senior Living (NYSE: BKD). Here in the newsroom, we were wishing we had […]
Over the last 12 months, senior living owners and investors have seen big deals, small deals, joint ventures and REIT spinoffs. With talk of oversupply in certain regions, interested investors are taking a close look at opportunities. Deal volume is down from previous years, but a few blockbuster transactions have grabbed headlines in late 2016. […]
As temperatures began to plunge in Chicago, we were sure to bring our readers the hottest industry happenings, including the news that a major senior housing real estate owner has named a new CEO and president. Ventas Inc. also made a splash by announcing it would sell 36 Kindred-leased skilled nursing facilities for $700 million […]
Over the last 12 months, senior living owners and investors have seen big deals, small deals, joint ventures and REIT spinoffs. With talk of oversupply in certain regions, interested investors are taking a close look at opportunities. Deal volume is down from previous years, but a few blockbuster transactions have grabbed headlines in late 2016. […]
Following a series of recent transactions including the spinoff of HCR ManorCare assets, “Big Three” REIT HCP Inc. (NYSE: HCP) has named a new CEO and a new president. The company announced Monday that its board will elect Tom Herzog, the company’s current chief financial officer, as a board member and CEO; and will elect Chief […]
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 […]
Things aren’t looking great for Brookdale Senior Living (NYSE: BKD). Brookdale, the largest senior living provider in the nation, is struggling with increased competition in several markets, lower-than-anticipated revenue and rate increases, and the aftermath of “an aggressive and egregious corporate raid” Florida, executives explained on the company’s third-quarter 2016 earnings call on Tuesday. All of […]
