Months following completion of the merger between Brookdale and Emeritus, the nation’s now-largest senior living provider is continuing to grow its brand presence by changing the names of nine Kansas City-area communities, the company announced this week. Brookdale Senior Living (NYSE: BKD) will change the name of its Grand Court Kansas City community, along with eight […]
HCP
In case you missed them, here are the top five stories grabbing Senior Housing News readers’ attention this week: Non-Traded REITs: Only Getting Started in Senior Housing — After raising nearly $20 billion of capital last year, non-traded real estate investment trusts (REITs) are emerging as key players in senior housing finance. And some say they see […]
The biggest names in senior living converged at this year’s National Investment Center for Seniors Housing and Care (NIC) conference in Chicago. While the panels’ topics varied as widely as the operators, developers, REITs and third-party vendors who attended, a few key subjects permeated many of the senior living sessions. SHN compiled the following list […]
The Big Three healthcare real estate investment trusts (REITs) continue to feed their growing investor appetites in 2014, sating their hunger with several billion-dollar portfolio deals in the senior housing sector. But even as these investors place a high value on senior housing, the “next big thing” for them may not be so obvious. Chief […]
Construction: Planned HCP Seeks $108 Million Redevelopment for Mixed-Use, MOB Project HCP, Inc. plans to purchase an aging assisted living tower in Fort Worth, Texas and redevelop it into apartments, retail, medical office and parking, reports Forth Worth Business Press. The Irvine, Calif.-based real estate investment trust (REIT) is seeking $3.9 million in reimbursement for […]
Brookdale Senior Living (NYSE: BKD) and HCP, Inc. (NYSE: HCP) announced Tuesday the companies have closed on their previously announced series of deals, which included the $1.2 billion formation of a joint venture to own and operate continuing care retirement communities (CCRCs). The deal’s closing arrives nearly five months after its April announcement, in which […]
Time is of the essence when it comes to the rate of return realized from RIDEA deals versus triple-net lease transactions for healthcare real estate investment trusts (REITs), according to a recent report from investment research firm Morningstar. The REIT Investment Diversification and Empowerment Act (RIDEA) of 2007 enabled REITs to transform themselves from landlords […]
Subscribe
Receive industry updates and breaking news from SHN