Senior Housing Investments & Transactions: NorthStar Merger Closes

NorthStar, Colony Merger Closes NorthStar Asset Management (NYSE: NSAM), NorthStar Realty Finance Corp. (NYSE: NRF) and Colony Capital (NYSE: CLNY) completed the previously announced merger of the companies into real estate investment trust (REIT) Colony NorthStar Inc. (NYSE: CLNS). The new entity currently has an equity market capitalization of approximately $9 billion and assets under […]

NorthStar to Sell $1 Billion Stake in Health Care Portfolio

While in the middle of a gigantic merger to create a $17 billion real estate investment trust (REIT), a major senior living real estate owner is selling a $1 billion stake in its health care portfolio. New York-based NorthStar Realty Finance Corp. (NYSE: NRF) entered into a definitive agreement to sell a joint venture interest in […]

NorthStar Asset Management Slams Activist Shareholder

Just weeks after an activist shareholder pushed a major senior housing asset management firm, the company has fired back, calling the “attention-grabbing” tactic “ill-conceived” and a distraction.  NorthStar Asset Management (NYSE: NSAM) was put under pressure at the start of 2016 after shareholder Jonathan Litt, founder and chief investment officer of New York-based hedge fund Land and Buildings […]