Ventas Inc. (NYSE: VTR) sees more similarities than differences between the senior housing markets in the United States and the United Kingdom and is bullish on the prospects for growth across the pond. That’s according to Carrie Hiebeler, a senior investment officer with the Chicago-based real estate investment trust (REIT), one of the largest senior […]
Happy Monday, Senior Housing News readers. On Sunday, actress Kristen Bell hung out with several Hurricane Irma evacuees—including Atria Senior Living residents. From Bell’s Twitter and Instagram presence, it seems like everyone had a great time: Guys, Corey cries when she’s happy too!!! #soulmates #HurricaneIrma #besthurricaneever #atriaseniorliving pic.twitter.com/NvFMg6XyZd — Kristen Bell (@IMKristenBell) September 10, 2017 Here’s […]
Ventas, Inc. (NYSE: VTR) on Thursday announced it had completed the initial phase of its sale of 36 skilled nursing facilities (SNFs) that are presently operated by Kindred Healthcare, Inc. (NYSE: KND). Specifically, Louisville, Kentucky-based Kindred recently completed the sale of 54 SNFs—22 of which were owned by Ventas. The REIT received $488 million from Kindred upon […]
Happy Monday, Senior Housing News readers! Last week was a short one—and, let’s face it, you probably didn’t spend your Fourth of July catching up on the latest news. Luckily, we’ve got you covered. Here’s all of last week’s must-read news you may have missed: A Place for Mom is being sold for an undisclosed […]
Following several blockbuster transactions in recent years, senior housing deal volume has begun to decelerate—and buyers are finally wisening up to the ideal sizes their companies aspire to. Specifically, various headwinds have caused assisted living deal volume to slow in recent months, but current valuations remain “really strong,” according to experts who spoke at the […]
For the second time in three months, The Federal Reserve raised its benchmark interest rate Wednesday. Share prices for senior housing real estate investment trusts (REITs) rallied following the news. The announcement Wednesday will result in a short-term rate increase to 0.75% and 1% for the federal funds rate, up from the current range of […]
Ventas Inc. (NYSE: VTR) is indeed out as a potential buyer of Brookdale Senior Living (NYSE: BKD), Ventas CEO Debra Cafaro confirmed Tuesday morning. She also weighed in on where the nation’s largest senior living provider should be focused. “We believed internally at Ventas that it was necessary and appropriate to make that clarification to our constituents […]
Chicago-based Ventas Inc. (NYSE: VTR) is not in talks to buy Brookdale Senior Living (NYSE: BKD), the real estate investment trust (REIT) said in a presentation posted on the company’s website Monday morning. “Brookdale is an important tenant, and Ventas is, and expects to continue to be, in regular discussion with Brookdale on a variety […]
Following bleak fourth quarter earnings, executives at the largest senior living provider in the nation are predicting a gloomy 2017. A rumored takeout by a private equity buyer was the backdrop for the earnings, which likely increased pressure on Brookdale Senior Living (NYSE: BKD) to get a deal done. Brookdale leaders on Tuesday cited a number of factors […]
After breaking into the hospital and life science sector last year with a $1.5 billion splash, Chicago-based real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) appears to be poised for a slower year for its senior living business. Citing more new supply expected to hit the market in 2017, Ventas executives said during a year-end […]
