After engaging in a “complex and multifaceted journey” to recovery, one of the biggest health care real estate investment trusts (REITs) has reached a turning point with its recent accomplishments and is ready to move forward. HCP Inc. (NYSE: HCP) completed its spinoff of Quality Care Properties (NYSE: QCP)— its skilled nursing assets with troubled tenant […]
Welltower Inc.
The skilled nursing spin-off of real estate investment trust HCP Inc. (NYSE: HCP) officially has been completed and is set to begin regular trading on Nov. 1. While early trading will send some signals about what investors think of the spin-off, the success for Irvine, California-based HCP and its new entity, Quality Care Properties (QCP), will be determined […]
Senior housing transaction volume continued to slow down in the third quarter of this year, following a sharp dip in the second quarter, according to recent data from the National Investment Center for Seniors Housing & Care (NIC). Decreased activity among the majority of public real estate investment trusts (REITs) partly explains the downtrend, though less […]
This week, while temperatures dropped in the Windy City, our readers were hot on the latest happenings across the senior housing industry. Readers wanted to know about a new entrant in the space with a multifamily background and how nonprofits are keeping up with the competition. Here in the newsroom, we were into the plans […]
HCP Inc. (NYSE: HCP) is confident that Halloween won’t be too spooky for the spin-off of its skilled nursing assets into a new real estate investment trust (REIT). HCP’s board of directors has approved the previously announced spin-off, which now is expected to occur on or about Oct. 31. Shares of Quality Care Properties, Inc. (QCP) would […]
Silverado Assumes Management of Welltower-Owned Community As part of Welltower Inc.’s (NYSE: HCN) $1.15 billion acquisition on the West Coast, Silverado assumed management and daily operations at The Berkshire-Vintage Senior Living Community on Sept. 16. The community has been renamed Silverado Berkeley. Over the next several months, the community will gradually shift from an assisted living […]
Real estate investment trusts (REITs) have gained so much momentum as a major force in real estate, they are being put in their own sector in an important investment classification tool and could be in for a capital boost from all the attention. Following market close on August 31, equity REITs were reclassified as their […]
Senior housing real estate investments trusts (REITs) have pulled back their acquisition activity since the end of 2015, and transactions during the first six months of the year tanked as a result. However, rebounding share prices are returning the capital advantage to the biggest players in the industry, and may help deal volume pick up at […]
Have senior housing real estate investments trusts (REITs) reached their RIDEA max? We posed this question back in 2013, when RIDEA exposure already seemed at the high-end of its range. Evidently, the max exposure had not been reached, if recent transactions by the ‘Big Three’ health care REITs—Welltower Inc. (NYSE: HCN), Ventas Inc. (NYSE: VTR) […]
It’s earnings season, and the message is clear—acquisitions and dispositions are back in a big way. This week, we clued our readers into Welltower’s massive new senior housing portfolio acquisition on the West Coast and Sabra’s plans to offload a serious chunk of skilled nursing change. Here in the newsroom, we were keeping up with […]
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