NHI to Acquire 25 Holiday Retirement Communities for $491 Million

National Health Investors (NYSE: NHI) announced today it has signed a definitive agreement to acquire 25 independent living communities from an affiliate of Holiday Retirement for $491 million. The announcement comes a day after Newcastle Investment Corp. (NYSE: NCT) entered into an agreement to acquire a 52-property portfolio of senior housing communities from Holiday Retirement affiliates for approximately […]

Newcastle to Acquire 52 Holiday Retirement Properties for $1 Billion

Newcastle Investment Corp. (NYSE:NCT) announced Monday an agreement to acquire a 52-property portfolio of senior housing properties from affiliates of Holiday Retirement for approximately $1.01 billion. Newcastle is a real estate investment trust primarily focused on senior housing along with other types of real estate and debt and is externally managed and advised by an […]

Newcastle Investment Corp. Acquires 8-Property Senior Housing Portfolio for $143 Million

Subsidiares of Manhattan, N.Y.-based Newcastle Investment Corp. recently purchased an eight-property portfolio of senior housing properties from Portland, Ore.-based BPM Senior Living for a purchase price of $143 million plus related expenses. Oak Grove Capital originated an $88.4 million Fannie Mae DUS credit facility for Newcastle to fund the acquisition. The credit facility consists of […]