Must-Read News: Ventas’ SNF Sale, Old People Are Cool

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 Receives $488 Million From Sale of 22 SNFs

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 […]

Must-Read News: A Place for Mom Sold, San Diego Splash

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 […]

How Brookdale Proved Bigger is Rarely Better in Senior Living

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 […]

Ventas CEO: Brookdale Should Focus on Operating Business

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 […]

Ventas Denies Being in Buyout Talks with Brookdale

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 […]

With Brookdale ‘In Teeth of the Storm,’ Takeout Chatter Continues

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 […]