Newcastle’s New Senior Spinoff to Acquire $435 Million Holiday Portfolio

New Senior Investment Group, Inc. (NYSE: SNR) has made its first big play in  senior housing, announcing plans today to acquire a 17-property portfolio for $435 million. The company, which was spun-off from Newcastle Investment Corp. (NYSE: NCR) in June, entered into an agreement to acquire 17 private-pay independent living properties from affiliates of Vancouver, Washington-based Hawthorn […]

Sabra Acquires 21 Holiday Retirement Properties for $550 Million

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. […]

Ventas Flexes REIT Muscle in Latest Deal, Prepares for More

Following two blockbuster deals Monday totaling a value of $3.5 billion, Ventas, Inc. (NYSE:VTR) will surpass competitor Health Care REIT (NYSE:HCN) as the largest healthcare real estate investment trust in the country. Monday’s $2.6 billion announced acquisition of American Realty Capital Healthcare Trust (NASDAQ:HCT) and the $900 million agreement to acquire Holiday Retirement’s Canadian senior […]