NorthStar Realty Finance to Buy 32 Holiday Properties for $875 Million

In a deal quietly announced in a U.S. Securities and Exchange Commission filing last week, NorthStar Realty Finance Corp. (NYSE: NRF) said it is acquiring a portfolio of 32 independent living communities from affiliates Harvest Facility Holdings LP, an affiliate of Holiday Retirement, for $875 million. The portfolio of private-pay facilities comprises approximately 3,983 units across […]

The Biggest Senior Housing Deals of 2014

The year in review for the senior housing mergers and acquisition market could be characterized by several traits, primarily the insatiable appetite among investors nurtured by billion-dollar blockbuster transactions. Both publicly- and non-traded REITs, private equity firms, as well as other operators were the players, acquiring senior housing and health care real estate and an […]

NorthStar Realty, Griffin-American Healthcare REIT II Close $4 Billion Merger

On Wednesday, Griffin-American Healthcare REIT II completed its previously announced merger with New York-based real estate investment trust (REIT) NorthStar Realty Finance Corp. (NYSE: NRF), a transaction valued at $4 billion. The announcement was made by Griffin Capital Corporation and American Healthcare Investors, both co-sponsors of Griffin-American Healthcare REIT II, which first announced in August […]

Top 5 Posts of the Week: NorthStar Makes $1 Billion Senior Living Investment

In case you missed it… here are the top five stories grabbing Senior Housing News reader attention this week: NorthStar to Acquire 80 Senior Living Properties in $1.05 Billion Deal—Real estate investment trust NorthStar Realty Finance Corp. (NYSE:NRF) announced it will acquire a $1.05 billion, 80-property senior housing and care portfolio from investment partnerships owned […]

NorthStar Acquires Four Senior Housing Properties for $30 Million

NorthStar Healthcare Income, Inc. announced Tuesday that it has completed the acquisition of four senior housing properties for a total purchase price of $29.7 million. The acquired properties include a 70-unit assisted living and memory care community located in Leawood, Kansas and a 48-unit assisted living and memory care facility in Spring Hill, KS for […]

Senior Housing Finance Activity: NorthStar, NHI, Ziegler

Three Pillars Senior Living Communities Issued $22.8 Million Bonds Cain Brothers served as sole underwriter in the issuance of the Three Pillars Senior Living Communities Series 2013 bonds, issued as unenhanced fixed rate bonds and rated “A-” by Fitch on the underlying credit strength of Three Pillars. The $22.82 million bond issuance was used to […]