New Senior Investment Group (NYSE: SNR) appointed Justin Hutchens to its board of directors, the New York City-based health care real estate investment trust announced Wednesday. His appointment is effective immediately, New Senior said in a statement. Hutchens is currently chief executive officer of HC-One, one of the largest care home operators in the United […]
National Health Investors
Ventas invests $490M in Colony Capital refinancing, announces $800M research development pipeline Ventas (NYSE: VTR) announced four new developments, totaling $800 million in its university-based research and innovation business, all in partnership with Wexford Science & Technology (“Wexford”), the leading developer of university-focused real estate solutions. These investments are part of $1.5 billion research and […]
National Health Investors (NYSE: NHI) is strengthening its relationship with Discovery Senior Living. The Murfreesboro, Tennessee-based health care real estate investment trust announced a $128.4 million joint venture with the Bonita Springs, Florida-based provider to acquire six properties in Indiana, Maryland and Pennsylvania. NHI is also committed to a $6 million senior mortgage for an […]
CBRE arranges $65 million acquisition financing for Virginia CCRC CBRE National Senior Housing Vice Chairman Aron Will and First Vice President Austin Sacco arranged a $65.2 million acquisition financing package for The Virginian, a 306-unit rental continuing care retirement community (CCRC) in Fairfax, Virginia. Will and Sacco worked on behalf of Focus Healthcare Partners to […]
Northbridge Senior Housing acquires 8-property New England senior housing portfolio Northbridge Senior Housing, through its Northbridge Strategic Housing Fund II, received acquisition financing for an eight-property senior housing portfolio in New England, totaling 565 units.The properties in the portfolio are: – Avita of Brunswick in Brunswick, Maine– Avita of Stroudwater in Westbrook, Maine– Avita of […]
On the heels of ironing out issues with tenants such as independent living giant Holiday Retirement, three more operators are causing consternation at National Health Investors (NYSE: NHI). But these operator woes are not cause for undue alarm, and the company is bullish on opportunities to expand its senior housing portfolio in 2019, President and […]
The Spires at Berry College closes $120 million bond financing package The Spires at Berry College closed a $119.7 million bond financing deal, which will be used to fund the entirety of construction costs for the life plan community on the campus of Rome, Georgia-based Berry College.The tax-exempt bonds include $81.9 million underwritten by Ziegler […]
HFF Completes Sale, Financing of Somerby Senior Living Portfolio Holliday Fenoglio Fower (HFF) completed the sale and financing of a nine-property senior housing portfolio, totaling 1,558 units, in the Southeastern U.S. HFF marketed the property on behalf of the seller, Dominion Partners, acting on behalf of its affiliated partner, Somerby Senior Living. Bridge Investment Group purchased […]
New Senior Investment Group Issues Fortress Affiliate $40 Million in Series A Preferred Stock New Senior Investment Group (NYSE: SNR) filed an 8-K form with the Securities and Exchange Commission (SEC) indicating the New York City-based real estate investment trust (REIT) issued 400,000 shares of Series A Preferred Stock to FIG LLC, an affiliate of Fortress Investment Group (NYSE: […]
Some of the nation’s largest senior housing landlords are changing or reconsidering their leases with independent living giant Holiday Retirement. National Health Investors (NYSE: NHI) has inked a new lease agreement with tenant Holiday in a move meant to position the operator for long-term success, the Mufreesboro, Tennessee-based real estate investment trust (REIT) announced Tuesday, […]