Fitch Ratings revises outlooks on 3 CCRCs Fitch ratings announced ratings outlooks updates on the following continuing care retirement communities: The ratings agency placed the series 2016 senior living revenue bonds issued by the Industrial Development Authority of the City of Glendale, Arizona on behalf of Royal Oaks Life Care Community, operating as Royal Oaks, […]
Preservation of Affordable Housing
Ventas invests $490M in Colony Capital refinancing, announces $800M research development pipeline Ventas (NYSE: VTR) announced four new developments, totaling $800 million in its university-based research and innovation business, all in partnership with Wexford Science & Technology (“Wexford”), the leading developer of university-focused real estate solutions. These investments are part of $1.5 billion research and […]
Welltower acquires San Antonio senior living portfolio Toledo, Ohio-based health care real estate investment trust (REIT) Welltower (NYSE: WELL) acquired a two-building senior housing portfolio in San Antonio, Texas, totaling 335 units. The seller was Dallas-based senior housing developer, South Bay Partners. The two adjacent buildings, Watercrest at Dominion (230 units) and Isle at Watercrest […]
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