In yet another demonstration of the huge scale Brookdale Senior Living (NYSE: BKD) achieved by acquiring rival Emeritus last year, the company seized the No. 1 spot—with a bullet—on the American Seniors Housing Association’s annual rankings of the largest senior housing owners in the United States. Brentwood, Tennessee-based Brookdale now owns 976 properties, totaling 82,356 […]
NorthStar Healthcare
Griffin American Healthcare REIT III, Inc. will acquire Louisville-based Trilogy Health Services LLC in a $1.125 billion RIDEA joint venture with NorthStar Healthcare Income, Inc., the companies announced Tuesday. Griffin American will own 70% of the joint venture and act as its manager, while NorthStar Healthcare—a public, non-traded REIT— will own 30%. Trilogy founder and CEO Randy […]
Transaction volume within the senior housing sector is at an all-time high, and recently released research findings indicate that commercial real estate professionals don’t expect it to slow any time soon. At the end of the second quarter of 2015, approximately $17 billion in senior living transaction volume was recorded over the past 12 months throughout the United […]
NorthStar Healthcare Appoints New CEO, President NorthStar Healthcare Income, Inc. has announced the appointment of Ronald J. Jeanneault as CEO and president of the company, and the election of James F. Flaherty III as vice chairman of the Board. Jeanneault has served as executive vice president and head of asset management of both NorthStar Healthcare and […]
Here’s a roundup of some of the most recent financing transactions in senior housing and care. Housing & Healthcare Finance Closes $205M HUD Loan for SNF Portfolio Housing & Healthcare Finance (HHC Finance) closed a $205 million HUD loan portfolio consisting of 25 skilled nursing facilities located in the Southeast. The 232/223(f) loans refinanced existing […]
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