Three big names in senior housing finance — Hunt Real Estate Capital, Lancaster Pollard and RED Capital Group — now are unified under a single brand name, Lument. The three firms were acquired individually by ORIX USA, a division of international financial services group ORIX Corporation. ORIX took full ownership of RED in 2016; acquired […]
Hunt Real Estate Capital
Assisted living has rebounded as a favorable product type with senior housing investors, and has even overtaken active adult communities as demand for assisted living grows and new construction begins to slow. Assisted living surpassed memory care and active adult as an investment focus and trails only independent living as the most popular senior housing […]
An “explosive and combustible environment” in the United States and around the globe is making it difficult to predict how the economy will fare — and how senior housing mergers and acquisitions will shake out — over the course of 2020. That’s one message from James Flynn, the CEO of Hunt Real Estate Capital who […]
ORIX USA acquires Hunt Real Estate Capital ORIX Corporation USA completed its acquisition of Hunt Real Estate Capital, creating a commercial real estate finance platform with annual loan production in excess of $9 billion and a servicing portfolio of more than $40 billion. ORIX will combine Hunt into its existing brands, Lancaster Pollard and RED […]
The team at Senior Housing News is looking ahead to 2020 and would like to get your input for the 2020 Senior Housing Outlook Survey. We’ll be releasing the results of this survey to all readers in early January. All responses gathered shall remain confidential and your information will not be used in any identifiable […]
HCP acquires 5 Oakmont properties for $284M HCP (NYSE: HCP) announced in its second quarter 2019 earnings report on Wednesday it acquired a portfolio of five senior housing properties in California operated by Windsor, California-based Oakmont Senior Living. The purchase price was $284 million and is part of $528 million in total acquisitions the Irvine, California-based health care real estate investment trust […]
HJ Sims arranges $92 million bond financing package for Lutheran Senior Services HJ Sims completed a $92.4 million refinancing package for Lutheran Senior Services (LSS). The proceeds will fund an expansion to LSS’ Mason Pointe community in Chesterton, Missouri, as well additional planned capital improvements at other communities within its portfolio. HJ Sims identified bonds […]
MedCore Partners completes $98 million portfolio acquisition in Utah, Arizona MedCore Partners, along with SunTrust Bank and Trinity Private Equity Group, acquired a 409-unit assisted living and memory care portfolio in four markets across Arizona and Utah. The total acquisition cost was $98 million. The communities include assisted living and memory care assets: Caliche Senior […]
The aging population is set to boom, but not all areas are growing at the same rate. For senior housing stakeholders, some markets are optimal growth targets, while others have ample supply. This white paper examines three of the fastest-growing aging states: Nevada, Colorado and Arizona — all of which have experienced more than 50% […]
Active adult is gaining momentum with senior housing investors, but the asset class has one final obstacle in the way of becoming the most sought-after product type. Active adult has surpassed memory care as an investment focus and trails only independent living as the most popular senior housing product type, according to the 2019 Senior […]