In case you missed it, here are the top headlines that grabbed the attention of Senior Housing News readers this week: The Top 10 Senior Housing Trends for 2015—A new year brings new opportunities. Check out the top senior housing industry trends in 2015, from what to expect in the mergers and acquisitions market to […]
Health Care REIT
Health Care REIT is purchasing a nine-property assisted living portfolio managed by Benchmark Senior Living from the current owner for $360 million, the Boston Globe first reported Thursday. The health care REIT is purchasing the properties—all located in New England—from a private real estate company, Boston-based Intercontinental Real Estate Corporation. A representative for Intercontinental confirmed that the portfolio comprises 691 […]
National Health Investors, Inc. (NYSE: NHI) announced it has closed the previously announced acquisition of eight senior housing communities in the South Atlantic region for $476 million. All eight communities are leased to Senior Living Communities, LLC (SLC) and will continue to be managed by an SLC affiliate. The deal is part of a broader transaction […]
The year in review for the senior housing mergers and acquisition market could be characterized by several traits, primarily the insatiable appetite among investors nurtured by billion-dollar blockbuster transactions. Both publicly- and non-traded REITs, private equity firms, as well as other operators were the players, acquiring senior housing and health care real estate and an […]
In case you missed them… here are the top headlines grabbing SHN readers’ attention this week: Forbes: What Will Assisted Living Look Like in 2020? — The changing needs and demands of senior housing residents are transforming the way assisted living communities operate, with many catering to residents with higher acuity than traditionally seen in years […]
Cindy Cassella Joins Team at Massachusetts CCRC Vista Terrace, the latest addition to the campus of the North Hill continuing care retirement community (CCRC), has hired Cindy Cassella as director of resident support. With nearly than 30 years of nursing and home health experience, Cassella will be responsible for overseeing the services provided by nurses and […]
While some of the largest senior housing investors have been ramping up interest in entry-fee continuing care retirement communities (CCRCs), for Health Care REIT (NYSE: HCN), growing that sector of its portfolio is of minimal concern, according to several of the company’s top executives during an earnings call this week. Whereas other investors have increased […]
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 […]
With certain markets notably “over heating” from a development standpoint in senior living, many are are eying new opportunities beyond tried-and-true markets as demand for all senior housing products are projected to surge in the coming years. Those opportunities come both with challenges—and benefits. Footing the extra capital and time it takes to zone and […]