Welltower Inc. (NYSE: HCN) is undertaking a major repositioning of its portfolio, planning to hit the $4.1 billion mark in sales for 2016. As part of this effort, the Toledo, Ohio-based real estate investment trust (REIT) already has agreed to sell a …Read More »
HCP Inc. (NYSE: HCP) is selling a portfolio of 64 properties leased to Brookdale Senior Living (NYSE: BKD) to affiliates of Blackstone Real Estate Partners VIII L.P. and Columbia Pacific Advisors for $1.125 billion. This was the headline deal among several transactions announced Tuesday by…Read More »
Managing the day-to-day operations at senior living facilities requires a keen eye and access to the right data. See how Sentio Healthcare Properties takes advantage of Yardi Voyager® Senior Housing, a fully integrated property management and accounting platform specifically designed for senior living to generate detailed reports and efficiently manage operations. Learn More.
Tuesday began with one major senior housing provider warning of historic levels of new competition in certain markets, and ended with another prominent provider telling a different story. Brookdale Senior Living (NYSE: BKD), the nation’s largest senior living provider, blamed bad third-quarter financial results largely…Read More »
Major skilled nursing real estate investment trust (REIT) Omega Healthcare Investors (NYSE: OHI) saw a positive third quarter, with a handful of acquisitions—the largest being a $337 million deal, which included 31 skilled nursing facilities. The Hunt Valley, Maryland-based REIT completed $428 million in new investments…Read More »
MatrixCare Appoints New Executive for Life Plan Community Solutions MatrixCare, a long-term and post-acute care technology provider, appointed Gary Pederson as senior vice president of life plan community solutions. In his new role, Pederson serves as a member of MatrixCare’s executive team and takes full…Read More »
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