The largest senior living provider in the nation made a sound move in offloading 44 underperforming assets in 12 states this week, and it’s one that’s likely to be repeated. That’s because Brookdale Senior Living (NYSE: BKD) still has a ways to go in right-sizing…Read More »
A shareholder who has been calling for a management restructure at NorthStar Asset Management (NYSE: NSAM) has taken another stance in wake of the forthcoming merger between NSAM, NorthStar Realty Finance (NYSE: NRF) and Colony Capital Inc. (NYSE: CLNY), which was announced in June. The…Read More »
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The nation’s largest senior living provider has scaled down at least a bit, entering into an agreement to sell a portfolio of 44 communities for an aggregate price of $252.5 million. The Brookdale Senior Living (NYSE: BKD) buildings represent 1,874 assisted living units and 579 memory…Read More »
A surge in seniors housing construction isn’t staving off investor demand for the product, according to exclusive research findings from a survey conducted by the National Real Estate Investor (NREI) and the National Investment Center for Seniors Housing & Care (NIC). Even so, concern around competition…Read More »
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