While not shying away from deals in the United States, Health Care REIT (NYSE: HCN) has already made $2 billion worth of investments in the United Kingdom said Thomas DeRosa, CEO of HCN during an interview with REIT.Com in New York. About 12% of HCN’s assets are outside the U.S., with about 4-to-5% of those assets being in […]
Sunrise Senior Living
More than half of men and 40% of women older than 60 remain sexually active, a statistic driving conversations among some senior living communities about consensual sex, who is capable of consent and how to balance residents’ privacy with that of other residents, a recent New York Times article reports. “These issues have not been […]
Multi-billion deals this week amid rumors of a recent bidding war between several active health care real estate investment trusts (REITs) in the senior living space has set the stage for various speculation as to who will emerge the top owner in the industry, but one chief executive is clearing the air of his company’s […]
Brookdale Senior Living’s (NYSE:BKD) acquisition of Emeritus Corp. (NYSE:ESC) may have averted a mega-merger between two real estate investment trusts (REITs) also vying to acquire the combined company, according to a proxy statement on the merger released Friday. Prior to the February merger announcement with Brookdale, Emeritus entertained four potential buyers in August 2013 believed […]
Construction: Planned Two Senior Living Communities OK’d for Burleson, TX Proposals for two different senior living communities were approved this week for Burleson, Texas, reports Burleson Star. Mariposa Apartment Homes is the first of the two projects. The proposal calls for four three-story buildings with 180 units, a dog park, pavilion, walking course, gaming and […]
Holiday Retirement and Provision Living have the best websites among senior living large companies in 2014, according to SeniorHomes.com’s annual awards program. The winning senior living resources in both the consumer and industry markets were announced on Tuesday for SeniorHomes.com’s 2014 Best Senior Living Awards. To determine the winners, the national directory of senior housing […]
Sunrise Senior Living is taking design cues again this year from the design experts at home design network HGTV. From storage solutions to greenery and ambient lighting, the senior living giant teamed up with HGTV designer Emily Henderson to redesign the studio unit of Helen and Dominic Raimondo, who reside in Sunrise of Gahanna, Ohio, […]
Washington, D.C.-based Capitol Seniors Housing remains committed to “going long” on new construction with the addition of a seasoned development team to execute its $200 million pipeline of projects slated for this year and 2015. The company is looking to deploy between $100 million and $200 million toward the production of four to eight senior […]
After announcing a new company CEO in late April, Sunrise Senior Living revealed some more detail on the new chief executive through a Q&A on its website this week. Chief Executive Chris Winkle previously served as chief operating officer for Sunrise and has more than 30 years of experience in health care. Previously he served […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Sunrise CEO Out After Only 5 Months, Winkle to Take Over—In the midst of closing a recapitalization under which Revera purchased a majority of Sunrise’s management company, Sunrise announced its former CEO, Penny McIntyre has been replaced by […]