Omega CEO: We See Distressed Assisted Living Assets But Not ‘Distressed Pricing’

Omega Healthcare Investors (NYSE: OHI) CEO Taylor Pickett has seen some distressed assisted living communities on the market — but not at prices indicative of their condition. “On the assisted living side, we’ve made an effort to look for potentially distressed prospects, and quite frankly, those have not panned out,” Pickett said during the company’s […]

Maplewood CEO: Inspir Leasing Up Well in NYC, Brand Expansion Taking Shape in US and UK

Earlier this month, Maplewood Senior Living accepted its first residents at Inspir Carnegie Hill, its luxury high-rise senior housing community in Manhattan. The project was supposed to open a year ago, but the coronavirus pandemic disrupted those plans, and the total cost of the development rose to around $315 million, Maplewood CEO Gregory D. Smith […]

Omega Healthcare Investors Acquires Senior Living Technology Provider Connected Living

Omega Healthcare Investors (NYSE: OHI) has acquired senior living technology company Connected Living with an eye toward bringing technology into its senior housing and care properties. Connected Living — now a standalone subsidiary of the Hunt Valley, Maryland-based health care real estate investment trust (REIT) — works with senior housing and care companies to provide […]

Omega CEO: Brookdale Portfolio ‘Well-Equipped’ For Post-Pandemic Growth, Performance

Omega Healthcare Investors (NYSE: OHI) sees long-term upside in its $510 million acquisition of 24 senior housing communities from Healthpeak Properties (NYSE: PEAK), operated by Brookdale Senior Living (NYSE: BKD). The Hunt Valley, Maryland-based health care real estate investment trust (REIT) believes the operator is poised to capitalize on pent-up demand for senior housing as […]

Healthpeak Sells 24-Building Brookdale Portfolio to Omega for $510M

Healthpeak Properties (NYSE: PEAK) continues to make progress on its portfolio realignment strategy. The Denver-based health care real investment trust (REIT) sold 24 senior housing communities to another REIT, Omega Healthcare Investors (NYSE: OHI), on January 20 for $510 million. Hunt Valley, Maryland-based Omega announced the deal in a press release in conjunction with its […]

Transactions & Financings: AccentCare, Seasons Hospice Merging; Ziegler’s $42M Financing Package

Affiliations AccentCare, Seasons Hospice to Merge AccentCare Inc. and Seasons Hospice announced a merger, Senior Housing News sister publication Home Health Care News reports. The deal brings Dallas-based AccentCare, one of the five largest home health care companies in the country, and Seasons, one of the top five largest hospice providers, under one corporate umbrella. […]

Movers & Shakers: Harmony Senior Services Names CFO; New COO at Spring Hills

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Transactions & Financings: Five Star Restructuring Complete; HJ Sims Arranges $219M Construction Financing

Cindat, Omega partner on $232M UK portfolio deal Chinese investment firm Cindat Capital Management entered into a joint venture with health care real estate investment trust, Omega Healthcare Investors (NYSE: OHI), on a 49% stake in a 67-property senior housing portfolio in the United Kingdom from Irvine, California-based health care REIT, Healthpeak Properties (NYSE: PEAK). […]