As far as HCP Inc. (NYSE: HCP) is concerned, it is a Phoenix rising from the ashes. And following Monday’s news that the Irvine, California-based health care real estate investment trust (REIT) is moving on from former CEO Lauralee Martin, the company feels the time is right to introduce a new generation of leadership for […]
HCP Inc.
Real estate investment trust HCP Inc. (NYSE: HCP) has announced that its CEO Lauralee Martin has left her executive role and the company’s board, effective July 11, 2016. The REIT’s executive chairman Michael D. McKee has assumed the role of interim president and CEO. The REIT’s second CEO shakeup in three years comes after the […]
Publicly traded real estate investment trusts (REITs) have sat largely on the dealmaking sidelines these past few quarters, and that’s going to continue for some of these companies—but one prominent player that has recently grabbed headlines could be a notable exception. 2016 will be “a very modest year” in terms of acquisitions for Senior Housing Properties […]
ABHOW, be.group Complete Merger American Baptist Homes of the West (ABHOW) and be.group have completed their merger and will now be part of holding company Cornerstone Affiliates. The previously announced deal was approved by regulators early last month. The merged companies form California’s largest nonprofit senior living provider and the nation’s sixth-largest such organization. The […]
With some of the major real estate players making moves and taking shots at one another’s skilled nursing assets, one real estate investment trust (REIT) is standing its ground with its own skilled operators and continuing to increase its exposure in the space. Tennessee-based National Health Investors Inc. (NYSE: NHI) is distinguishing itself among its […]
HCP Inc.’s (NYSE: HCP) recently announced spinoff of its struggling skilled nursing assets into an independent, publicly-traded real estate investment trust (REIT) is going as planned to unleash HCP’s ‘real’ value, according to CEO Lauralee Martin. “We are on track with that [spinoff],” Martin said during a presentation at National Association of Real Estate Investment Trusts’ […]
Spring is in full swing, with another new senior living company blooming onto the scene. This week, the news that Adam Kaplan, a former Senior Lifestyle Corp. executive, is launching Solera Senior Living captured our readers’ attention. We also kept our readers in the know about another executive shakeup at Brookdale, why REITs may be […]
At a time when the senior living industry is facing hiring headwinds and a potential shortage of future leaders, top executives are working hard to improve career growth opportunities for up-and-coming managers. To look at how best to increase these opportunities, it’s best to take a page from the books of the industry’s best, who discussed […]
In terms of leadership, HCP Inc. (NYSE: HCP) is returning to what it knows. The Irvine, California-based real estate investment trust (REIT) has re-hired Tom Herzog to serve as the company’s executive vice president and chief financial officer, effective June 27. Herzog previously served as HCP’s CFO from 2009 to 2011. “We are thrilled to welcome […]
HCP, Inc. (NYSE: HCP) and Argentum are joining forces to promote innovation and technology in senior living, the organizations announced Wednesday. The three-year corporate partnership between the Irvine, California-based real estate investment trust (REIT) and the national association of senior living providers is inspired by opportunities they see to share metrics and best practices, develop benchmarks, […]
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