Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced that it has completed the acquisition of 21 independent living facilities from affiliates of Holiday Acquisition Holdings Corp. for a total cash purchase price of $550 million. Monday’s announcement follows a string of Holiday deals involving Holiday Retirement unloading its senior living assets to big spending investors. […]
Holiday Retirement
The largest real estate investment trust (REIT) nationwide’s stock price is expected to surge 30% in the coming 12 months, analysts say, and has caught the eye of the Wall Street Journal in an article this week. The daily share price for Ventas, Inc. (NYSE: VTR) was $61.06 as of Friday afternoon. Michael Carroll, an […]
Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Dished: How Five Star is Overhauling Senior Living Dining—Fifteen chefs, four 50-pound sea bass and a celebrity food personality are just a few features going down at an […]
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 […]
Ventas, Inc. (NYSE: VTR) has completed its previously announced all-cash acquisition of 29 Canadian senior living communities from Holiday Retirement, the Chicago-based real estate investment trust (REIT) announced Tuesday. The transaction closed at CAD$957 million (US$897 million). Louisville, Kentucky-based Atria Senior Living will operate the communities, raising the tally of Ventas’ properties managed by Atria to 173. The […]
Following $3.8 billion of acquisitions under agreement in the last few months, Ventas, Inc. (NYSE: VTR) is ramping up its redevelopment activity with hundreds of millions in projects currently under construction. The Chicago-based real estate investment trust (REIT) has been increasing the pace of its redevelopment efforts over the past few quarters. In the second […]
Marketers have long grappled with the right terms to use in senior living, from the term senior itself, to a wealth of alternatives such as retiree, older adult, older American, aging population, and more. Largely, they’re facing an uphill battle, a recent NPR survey found when it asked older listeners about the words they preferred […]
Increasing occupancy. It’s the ultimate goal of any senior living salesperson and one which requires a special formula. There’s a certain amount of balancing that salespeople have to do, focusing on both the wants and needs of prospective residents, as well as the community’s bottom line. While occupancy levels have risen in recent months to an […]
A new partnership with California-based skilled nursing and assisted living provider Shea Family now allows Holiday Retirement to offer expanded services to its residents at two locations — and is expected to roll out at more Holiday locations in the near future. Holiday, which operates independent living communities nationwide, will be offering more in the […]
In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Ventas to Acquire ARC Healthcare REIT in $2.6 Billion Deal In acquisition news, Ventas announced it is acquiring American Realty Capital Healthcare REIT, a deal that makes it the sixth largest real estate investment trust in the country. Holiday Retirement […]
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