Time is of the essence when it comes to the rate of return realized from RIDEA deals versus triple-net lease transactions for healthcare real estate investment trusts (REITs), according to a recent report from investment research firm Morningstar. The REIT Investment Diversification and Empowerment Act (RIDEA) of 2007 enabled REITs to transform themselves from landlords […]
Ventas
In case you missed them, here are the top five stories grabbing Senior Housing News readers’ attention this week: Brookdale iPad Pilot Tests Tablet Use in Senior Living — Brookdale Senior Living Inc. (NYSE:BKD) is partnering with a research team at one of its newly acquired California-based Emeritus communities to study iPad use among a group of […]
Following $3.8 billion of acquisitions under agreement in the last few months, Ventas, Inc. (NYSE: VTR) is ramping up its redevelopment activity with hundreds of millions in projects currently under construction. The Chicago-based real estate investment trust (REIT) has been increasing the pace of its redevelopment efforts over the past few quarters. In the second […]
After months of rumors, Griffin-American Healthcare REIT II may soon have a new owner in NorthStar Realty Finance Corp. (NYSE:NRF), according to a report from The Wall Street Journal. The cash-and-stock deal would value the real estate investment trust (REIT) at $3.5 billion to $3.7 billion, notes the WSJ, which cites two individuals familiar with […]
Health care-focused real estate investment trusts are looking beyond U.S. borders for opportunities to expand, hoping to diversify their portfolios in a highly competitive domestic market. And they’re finding that international investments are providing more stable environments for real estate expansion. “We’re focusing on stable economies with well-developed health care systems and those that have […]
In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Ventas to Acquire ARC Healthcare REIT in $2.6 Billion Deal In acquisition news, Ventas announced it is acquiring American Realty Capital Healthcare REIT, a deal that makes it the sixth largest real estate investment trust in the country. Holiday Retirement […]
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 […]
Following two blockbuster deals Monday totaling a value of $3.5 billion, Ventas, Inc. (NYSE:VTR) will surpass competitor Health Care REIT (NYSE:HCN) as the largest healthcare real estate investment trust in the country. Monday’s $2.6 billion announced acquisition of American Realty Capital Healthcare Trust (NASDAQ:HCT) and the $900 million agreement to acquire Holiday Retirement’s Canadian senior […]
Holiday Retirement continues to unload senior living assets to big spending investors, announcing the sale of 29 Canadian communities to Ventas, Inc. (NYSE:VTR) on Monday for approximately $900 million. The properties, all of which are independent living and total 3,354 units, are located in seven Canadian provinces, with the majority concentrated in Toronto and Alberta. […]
Health Care REIT, Inc. (NYSE:HCN) announced Monday that it has completed a $1 billion common stock offering—the largest overnight common stock offering in the country this year based on total gross proceeds, the company noted. Its public offering featured 16,100,000 shares at a price of $62.35 per share for total gross proceeds of about $1 billion, […]