Brookdale Senior Living’s (NYSE: BKD) share price increased about 7.6% Thursday, following news that the company is pursuing a multi-faceted series of transactions with its longtime landlord, HCP Inc. (NYSE: HCP). Brookdale’s shares rose as high as $11.05 as of mid-day before settling at $10.59 by the time the markets closed. HCP investors also were behind the move, as […]
Stifel
Many questions have been raised by the rumor that Brookdale Senior Living (NYSE: BKD) is negotiating with the Blackstone Group and other potential buyers over a sale of the company. Perhaps foremost among these questions: What is the value of Brookdale’s real estate, and what deal structures appear most likely? The real estate piece is […]
A former senior housing operator with a troubled past is taking steps to arrive in greener pastures. AdCare Health Systems, Inc.’s (NYSE: ADK) board of directors is reviewing strategic alternatives for the company with the help of St. Louis-based financial advisory firm Stifel, the self-managed health care real estate investment company announced Tuesday. “AdCare is at […]
A shareholder has taken private equity giant Fortress Investment Group (NYSE: FIG) to task over New Senior Investment Group (NYSE: SNR), a publicly traded health care real estate investment trust focused on private pay senior housing, which has seen its stock price drop dramatically since its inception last year. John Levin of Levin Capital Strategies, a […]
Goldman Sachs naming Brookdale Senior Living (NYSE: BKD) as one of six top acquisition targets in the health care sector earlier this week has refueled conversation about the future of the major senior living provider. But the Goldman report left one big question unanswered—who might the buyer be? No potential buyers stand out from the […]
A chaotic day of trading on Monday ended with stock markets worldwide posting big losses, and senior housing owners and operators were not immune to the turmoil. While it remains unclear how long the turbulence will last and what the ultimate impacts will be on publicly traded senior housing companies, occupancy and cap rates are […]
Sunrise Senior Living is once again building new properties from the ground up. After a period of inactivity, the company announced the opening of a community in the Bay Area last week, with others set to open in Ohio and Southern California in the coming months. The new developments are part of a “measured, rifle-shot” […]
Investors have for several years enjoyed historic low interest rates. But with recent statements from the Fed being interpreted to mean a rise in rates may finally be coming, it could be the end of an era. While it’s no question that interest rates have no where to go but up, an essential question remains: […]
Health Care REIT (NYSE: HCN) has long invested in skilled nursing properties, but the REIT’s recent $1.4 billion partnership with Mainstreet signals a shift in the investor’s strategy of late that’s representative of a much larger transition for health care in general. More specifically, the investment points to broader change on the horizon for skilled […]
Senior housing is beginning to face the threat of overbuilding among certain property types including assisted living and memory care, write Stifel analysts in a note this week following the The National Investment Center for the Seniors Housing & Care Industry annual conference last week. “Potential for overbuild next 2-5 years has increased, in particular for […]
Subscribe
Receive industry updates and breaking news from SHN