Happy Monday, Senior Housing News readers! Last week was a short one—and, let’s face it, you probably didn’t spend your Fourth of July catching up on the latest news. Luckily, we’ve got you covered. Here’s all of last week’s must-read news you may have missed: A Place for Mom is being sold for an undisclosed […]
JLL
Senior housing stakeholders have understandably been on high alert this year, as concerns around overbuilding seem to grow by the day. These concerns, however, may be overblown. In fact, capital is plentiful and can potentially offset any negative effects of overbuilding, according to the Spring 2017 Seniors Housing Market Report from Chicago-based global commercial real estate […]
CareTrust REIT Purchases Texas Portfolio for $96 Million CareTrust REIT (Nasdaq: CTRE), a senior housing and health care real estate investment trust (REIT), has acquired three skilled nursing facilities (SNFs) and one skilled nursing campus in the Dallas-Forth Worth area for approximately $95.9 million. In connection with the transaction, CareTrust entered into a new tenant […]
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