While a deal remains to be seen, it’s clear Brookdale Senior Living (NYSE: BKD) shareholders and investors are “stirring the pot” when it comes to the company’s massive real estate portfolio — and senior management isn’t ruling out any possibilities. After months of lead shareholder Sandell Asset Management Corp. prodding Brookdale to spin off its […]
Health Care REIT
NHI’s Justin Hutchens Makes List of ‘Most Powerful CEOs’ For the fourth consecutive year, National Health Investors’ (NYSE: NHI) CEO and President Justin Hutchens has made Forbes’ lists of America’s Most Powerful CEOs 40 and Under, ranking 14th, 8th, 18th and 13th, respectively. The 20 CEOs listed hail from publicly traded companies that have CEOs […]
Texas Senior Living Communities Acquired for $79 Million Evergreen Senior Living Properties, LLC and management affiliate ESLP Management, LLC, recently announced the acquisition of four senior living communities in Texas from Sears Methodist Retirement System in a $79 million transaction. The purchase includes The Craig in Amarillo, Meadow Lake in Tyler, The Parks in Odessa, […]
The so-called “big three” health care real estate investment trusts (REITs) continue to dominate as the largest non-provider senior living property owners in 2015, with Health Care REIT Inc. [NYSE: HCN] retaining its top position on the annual list from the Assisted Living Federation of America. HCN ranked No. 1 in all three metrics considered, […]
Investors have for several years enjoyed historic low interest rates. But with recent statements from the Fed being interpreted to mean a rise in rates may finally be coming, it could be the end of an era. While it’s no question that interest rates have no where to go but up, an essential question remains: […]
There may be risks facing the senior housing market in the coming months and years, but that isn’t stopping top industry players from keeping an overwhelmingly positive outlook on the sector. Bolstering that attitude is the perfect storm of rising occupancy levels, attractive returns, low cost of capital and assets that are “priced to perfection” […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Aging Baby Boomers Bring Drug Habits Into Middle Age — Drug abuse—and overdose deaths—are surging among older Americans, as Baby Boomers continue or resume their drug habits as they age, the Wall Street Journal reports. Patterns of opioid use also are […]
More than $25 billion in senior housing real estate transactions occurred in 2014 alone. And while 2015 isn’t even through its first quarter yet, the competitive landscape for senior housing acquisitions continues to heat up as existing owners look to build their portfolios and drive profit in the coming year. Join Senior Housing News on […]
Dominion Senior Living Names New Executive Director Dominion Senior Living of Johnson City, Tenn., has welcomed Michelle Bolling as the community’s executive director, as it prepares to open in April. The faith-based senior living community will offer 45 assisted living and 15 memory care apartments. Bolling completed her associate degree at Northeast State Technical Community […]
Health Care REIT, Inc. (NYSE: HCN) has completed its largest ever overnight stock offering, raising gross proceeds of about $1.5 billion that will be used in part to invest in seniors housing properties, the company announced today. The public offering of nearly 19.6 million shares came on the heels of HCN’s recently announced $2.2 billion […]
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