NHI Upheaval, Ventas Spin-Off Fuel Talk of REIT Consolidation

Dramatic developments over the past few weeks have redrawn the lines on the playing field for senior housing real estate investment trusts operating in the shadow of the so-called “Big Three.” While it remains to be seen which of these smaller-cap REITs gain steam and which struggle given the new normal, at least one analyst […]

Ventas Spin-Off Launches, Pursues $900 Million Pipeline

Ventas Inc. (NYSE: VTR) has now officially spun off the majority of its skilled nursing assets into a new real estate investment trust that began trading Tuesday on the New York Stock Exchange. The new entity, Care Capital Properties Inc. (NYSE: CCP), is pursuing a $900 million pipeline and is looking to grow in key […]

Omega Dips Into Senior Housing with $246 Million NYC Project

Following a quarter that saw nearly $200 million of new investments, along with the completion of the Aviv “mega merger,” Omega Healthcare Investors (NYSE: OHI) is hungry for more acquisitions—and it’s already spent $184 million in the past month alone. And among its current projects is a senior living development in Manhattan, which is an […]

Enormous Health Care REIT Consolidation Wave is Yet to Come

Health care real estate investment trusts (REITs) have been the most active investors in senior housing properties of late, dishing out hundreds of millions of dollars to acquire massive portfolios. But the full force of their blockbuster potential may still be yet to come. Currently, health care REITs own about 12% of all the institutional […]

Omega, Aviv Finalize Creation of $11 Billion SNF REIT

Omega Healthcare Investors, Inc. (NYSE: OHI) has completed its acquisition of all of the outstanding shares of Aviv REIT, Inc. (NYSE: AVIV), finalizing a high-profile stock-for-stock merger that creates a real estate investment trust (REIT) with total market capitalization of approximately $11.1 billion, Omega announced Wednesday. The deal forms a combined company with equity market […]

Aviv Closes $305 Million Acquisition of 29-Property Portfolio

A little more than a month after announcing its acquisition of 29 properties from Diamond Senior Living, Chicago-based Aviv REIT, Inc. (NYSE: AVIV) today closed the transaction valued at $305 million.  The deal, which was Aviv’s largest acquisition in three decades, included 23 skilled nursing facilities and one office building, with the remainder comprising assisted […]

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 […]

Post-Omega Deal, Aviv Acquires 29 Properties for $305 Million

Following the recent mega merger with Omega Healthcare Investors (NYSE: OHI), Aviv REIT, Inc. (NYSE: AVIV) announced its largest acquisition in 30 years, at $305 million for 29 properties, the Chicago-based real estate investment trust announced Wednesday. Aviv entered into a definitive agreement with Diamond Senior Living, LLC, a subsidiary of General Electric (GE) Credit Corporation of Tennessee, […]