The Biggest Senior Housing Deals of 2014

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 […]

Health Care REIT: No Predictability in Entry-Fee CCRCs

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 […]

Acquisition Treadmill Presents Problems for Big 3 REITs

The growth of the Big Three health care REITs is clear, as they have flooded the senior housing space with a slew of recent deals. But this continued rapid growth highlights risks that may force REITs to change their investment strategies, Fitch Ratings suggests. Recently, the REITs have shuffled the industry with billion-dollar transactions focused […]

Senior Housing Investments & Acquisitions: Diversicare, LCB Senior Living, HCN

Diversicare Announces Acquisition of Operations of 2 Ohio Properties Diversicare Healthcare Services, Inc. (NASDAQ:DVCR), a provider of long-term care services, recently announced the assumption of operations at two facilities in Ohio. The transaction includes a 142-bed skilled nursing facility in Avon, Ohio, and a 42-bed assisted living facility in Ontario, Ohio. These facilities are expected […]

[Update] HCN Inks $2.3 Billion Deal with HealthLease, Mainstreet

Health Care REIT, Inc. (NYSE: HCN) has agreed to acquire HealthLease Properties REIT (TSE: HLP.UN) in a deal valued at $950 million, and has entered into a partnership with Mainstreet in a transaction that represents a combined potential $2.3 billion investment. The combined deal includes 53 senior housing and health care properties currently owned by […]

Senior Housing Investments & Acquisitions: Capital Senior Living, HealthLease Properties

HealthLease Properties REIT Acquires Senior Care Facility for $34.3 Million HealthLease Properties Real Estate Investment Trust recently announced it had completed the acquisition of a Canadian senior care facility in High River, Alberta, from Continuum Healthcare Holdings, Ltd. for $34.3 million. Sunrise Village High River is a newly built facility with 176 units that provide […]

Senior Housing Investments & Acquisitions: HealthLease, ROC, Hometown America

HealthLease Properties REIT Acquires Five Properties for $67 Million HealthLease Properties Real Estate Investment Trust (HLP.UN) completed the previously announced acquisitions of a senior housing and care portfolio, including five properties, May 21 for a combined $67 million. Health Lease acquired Smith Packet III (SP III) and newly-built, triple-net leased, 100-unit seniors housing and care […]

Best of Senior Housing Design 2013: Not Your Parents’ Nursing Home

As senior living design increases focus on accommodating the preferences of both today’s and tomorrow’s consumer, the days of the “institutional” nursing home are dwindling. Developers of the Wellbrooke of Westfield, a skilled nursing and assisted living community in Indiana that took top marks in the first-ever Senior Housing Design Awards 2013, realized this paradigm […]

In the Pipeline: Senior Housing Construction Projects (10/17/12)

Construction: Planned SRP Medical to Build Texas Senior Living Community SRP Medical, a senior care real estate investment and development company, and Frontier Management recently announced plans to build a 100,000-square-foot senior living community in the southwest area of Forth Worth, Tex. The community will have 105 residents providing assisted living and memory care services. “SRP […]