A couple weeks ago, my colleague and SHN Managing Editor Tim Mullaney offered his post-NIC thoughts that the industry is entering a tough spot. I agree the industry is entering a period fraught with perils, including rising interest rates and cost inflation. But I also believe that the stage is set for senior living companies […]
Kayne Anderson Real Estate
Kayne Anderson Real Estate is reportedly raising a new fund, with senior housing among the private equity firm’s investment targets. The $2.5 billion fund is “on the verge of closing,” the Wall Street Journal reported earlier this week, noting that about half the fund is intended for medical office deals. Managing Director Max Newland spoke […]
Ventas announces expiration and results of senior notes tender offer Ventas (NYSE: VTR) announced the expiration and results of a tender offer for 3.25% senior notes due in 2022, which was announced on September 23. The offer expired at 5 p.m. Eastern on September 29. As of the expiration, a total of $236.3 million aggregate […]
Fitch Ratings revises outlooks on 3 CCRCs Fitch ratings announced ratings outlooks updates on the following continuing care retirement communities: The ratings agency placed the series 2016 senior living revenue bonds issued by the Industrial Development Authority of the City of Glendale, Arizona on behalf of Royal Oaks Life Care Community, operating as Royal Oaks, […]
The real estate private equity arm of Kayne Anderson Capital Advisors, Kayne Anderson Real Estate, has completed an acquisition of 34 Welltower properties, including seven senior housing properties in Florida. The portfolio consists of 27 medical office buildings located across the U.S. along with the senior housing communities. An unspecified third-party company exercised the right […]
Subscribe
Receive industry updates and breaking news from SHN