NorthStar adding 15 CCRCs: Portfolio now tops $2 billion
By
Elizabeth Newman
Jul 06, 2015
NorthStar Healthcare Income Inc. closed on a $639.3 million portfolio of continuing care retirement communities in mid-June.
BusinessBriefs for February 2015
Feb 01, 2015
» Senior Housing Properties Trust will buy 38 senior-living communities for $790 million from CNL Lifestyle Properties Inc., including assumption of debt. The deal is expected to close in the second quarter....
Many boomers not ready to make seniors housing move
By
John O'Connor
Feb 01, 2015
Seniors housing companies prepping for baby boomers may encounter prospects who are largely unwilling and unable to relocate.
BusinessBriefs for December 2014
Dec 01, 2014
» Omega Healthcare Investors is poised to own nearly 875 skilled nursing properties across 41 states, following its merger with Aviv REIT in a $3 billion deal announced in November. The all-stock deal...
Occupancy passes 90%
By
John O'Connor
Dec 01, 2014
Seniors housing stock enjoyed occupancy rates above 90% in the third quarter, the National Investment Center for Seniors Housing & Care announced. Occupancy is up 3.4% since the cyclical low of 86.9% seen...
Nonprofits need to examine core services, says chairman
By
John O'Connor
Dec 01, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet, LeadingAge Chairman David Gehm told association members.
BusinessBriefs for October 2014
Oct 01, 2014
» Brookdale Senior Living and real estate investment trust HCP have finalized a $1.2 billion joint venture, the firms announced. The new partnership will include 14 continuing care retirement communities...
Sector’s housing stock grows at uneven pace, NIC reports
By
John O'Connor
Sep 01, 2014
Seniors housing stock collectively rose by 0.1% in the second quarter, putting the sector on pace for a 1.5% annual increase, according to new data from the National Investment Center for the Seniors Housing...
BusinessBriefs for September 2014
Sep 01, 2014
» CNL Healthcare Properties completed the acquisition of seven communities in Texas and one in Illinois for approximately $187.2 million, with potential adjustments related to property net operating income....
BusinessBriefs for August 2014
Aug 01, 2014
» Center Management Group of Flushing, NY, will pay $145 million to purchase five nursing facilities and two senior living communities from the Archdiocese of Philadelphia. The company currently operates...