Ventas “Looking Hard” at Hospital Real Estate as New Sweet Spot

Chicago-based real estate investment trust Ventas Inc. (NYSE:VTR) is “looking hard” at hospital real estate as a new investment sector, CEO Debra Cafaro said in an interview with Crain’s Chicago Business. Public companies only own 10% of the $1 trillion, “highly fragmented” healthcare real estate market. Cafaro expects a continued transfer of properties from the […]

Senior Housing REITs Using RIDEA to Drive Long-Term Growth

The use of RIDEA structures in REIT acquisitions is becoming more commonplace in the senior housing sector as a model that helps drive long-term growth, and analysts say the days of healthcare REITs enjoying healthy margins are far from over.  “We see the RIDEA structure as a way for the REITs to remain competitive within […]

REITs Casting Wider Nets as ‘Class A’ Senior Housing Assets Get Scarce

After snapping up several large ‘Class A’ senior living portfolios between 2011 and the present, real estate investment trusts (REITs), hungry to keep their margins healthy, are casting wider nets that may include off-market deals, other asset types, and new development. “The biggest challenge the REITs are currently facing is a shortage of quality properties […]

Forbes Column: Ventas’ Senior Housing Heyday is Over

While Real Estate Investment Trusts such as Ventas (NYSE: VTR) have been a senior housing industry mainstay over the past several years, enjoying low costs of capital for senior housing investments versus competing alternatives, they may have seen their peak, write two analysts in a Forbes article this week.  With more than half of Ventas’ business […]

Senior Housing Finance Activity: Ventas, Cambridge, Lancaster Pollard, More

Ventas Sells $925 Million of Senior Notes Ventas Inc. (NYSE:VTR) subsidiaries Ventas Realty, Limited Partnership and Ventas Capital Corporation recently announced the issuance and sale of $700 million aggregate principal amount of its 2.00% senior notes due 2018 and $225 million principal amount of their 3.25% senior notes due 2022. View the 8-K.  Cambridge Closes […]

Healthcare REITs Nowhere Near Done Growing, More M&A On the Way

Despite a huge year for REIT deals in the senior housing space, REITs may be gearing up for even more growth, according to REIT publication REIT.com. Based on input from panelists are this year’s REITWorld annual convention, REIT.com reports that these trusts are still in the “sweet spot” for health care mergers and acquisitions. The […]