Similar to 2011 and 2012, the senior housing industry was no stranger to mergers and acquisitions in 2013, with transactions ranging in size from one or two properties to chunks of high-profile portfolios and even entire companies. We’ve gathered the top 10 U.S.-based transactions that were announced or closed throughout the past year, starting with […]
Sunrise Senior Living
Senior Housing News would like to wish its readers a Happy Thanksgiving. We will return Monday, December 2, but until then, here are the top five stories grabbing Senior Housing News readers this week: Which Senior Living Communities Earned Top Ratings in 2013? SeniorHomes.com released a list of top-rated senior living communities across the U.S. Sunrise […]
Online senior living resource SeniorHomes.com on Tuesday released a list of top-rated senior living communities located in nearly 20 major metropolitan markets across the United States. To generate the Best Senior Living Awards list of top-rated and winning communities, SeniorHomes.com compiled state inspection reports, consulted with more than 200 senior living professionals to get their […]
Top senior housing buyers are touting acquisition strategies fueled by relationships rather than relying on marketed properties that are often characterized by low cap rates and fierce competition. While the strategy was initially born out of many healthcare real estate investment trusts’ desire to “lock up” the best senior housing operators and become their capital […]
Among the top 10 senior living providers ranked by size by the Assisted Living Federation of America, traffic to the providers’ websites varies widely. While for the very largest providers, site traffic aligns largely with number residents, for others among the Top-10, traffic is less proportional. According to data compiled by SHN based on traffic […]
Sunrise Senior Living, LLC announced Thursday that Penny McIntyre will succeed Mark Ordan as the company’s chief executive officer, effective November 18, 2013. The board-appointed replacement represents an expected transition following Ordan’s announcement last November that he would depart the role following the sale of Sunrise to Health Care REIT. McIntyre has more than 20 […]
Health Care REIT (NYSE:HCN) saw profits drop 37% to $33.6 million compared to the prior year following $1.2 billion of investments for the third quarter ended Sept. 30, 2013. Net income attributable to common stockholders plummeted 44% to $20.7 million or $0.07 per basic and diluted share, down from $37.3 million a year ago. However, gross revenues […]
Ventas, Inc. (NYSE: VTR) today reported record profitability for the third quarter ended September 30, 2013, as funds from operations (FFO) increased 8% to $307.2 million, or $1.04 per diluted share, compared to the same period in 2012. Net income attributable to common stockholders for the third quarter was $118.3 million, or $0.40 per diluted […]
Nine of the biggest senior living companies are working with Harvard Medical School researchers to examine the sector’s role in the changing healthcare system. Brookdale Senior Living (NYSE:BKD), Atria Senior Living, Elmcroft Senior Living, Emeritus Corporation (NYSE:ESC), Erickson Living, HCP, Inc. (NYSE:HCP), Health Care REIT, Inc. (NYSE:HCN), Sunrise Senior Living, and Ventas, Inc. (NYSE:VTR) have […]
Sunrise Senior Living, LLC announced on Wednesday the appointment of Chris Winkle as the company’s new chief operating officer, effective Sept. 9, 2013. Winkle will succeed the current COO, Laura McDuffie, who says she’s leaving the organization to focus on her health. “We are excited to add such an experienced individual to the strong Sunrise […]
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