Ventas sees strong pipeline of senior housing investments
By
Kathleen Steele Gaivin
Apr 02, 2024
Ventas is “focused on serving a large and growing aging population with an emphasis on senior housing,” the Chicago-based real estate investment trust said Monday in a business update issued in conjunction...
Healthpeak Properties restructures as UPREIT
By
Kathleen Steele Gaivin
Feb 14, 2023
Healthpeak Properties has completed its restructuring as an umbrella partnership real estate investment trust, the company announced Friday.
Long-term care staffing agency to pay $7.2 million in back wages, damages after federal court ruling
By
Kathleen Steele Gaivin
Jan 31, 2022
Virginia staffing agency that serves long-term care providers will pay more than $7.2 million in back wages and damages after intentionally violating federal laws and denying 1,105 certified nursing aides,...
CareTrust REIT spends $60M to acquire 3 California CCRCs
By
Kathleen Steele Gaivin
Apr 03, 2024
CareTrust REIT has acquired three continuing care retirement communities for $60 million. The properties are located in the California counties of Los Angeles, Orange and San Diego.
Maplewood Senior Living achieves 95 percent occupancy across senior housing portfolio
By
Kathleen Steele Gaivin
Dec 18, 2023
Maplewood Senior Living has reached a 95% average occupancy rate across its senior housing portfolio (independent living, assisted living and memory care), with multiple communities currently at 100% occupancy,...
Brookdale Senior Living, Sabra Health Care REIT report third-quarter earnings
By
Kathleen Steele Gaivin
Nov 08, 2023
Third-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
CareTrust, Northwind provide $105M in mezzanine loans for locations across multiple states
By
Kathleen Steele Gaivin
Feb 06, 2024
New York City-based real estate private equity firm and debt fund manager Northwind Group’s Healthcare Debt Fund II led the origination of two mezzanine loans totaling $105 million, collectively secured...
Capital Funding Group finished ‘very strong year,’ financing more than $2.7B
By
Kathleen Steele Gaivin
Feb 15, 2023
Capital Funding Group financed more than $2.7 billion in projects in 2022, financing solutions provider for multifamily properties and healthcare facilities disclosed Tuesday in a press release.
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
No end in sight for construction labor shortage, experts say
By
Kathleen Steele Gaivin
Jun 30, 2022
The labor shortage in construction isn’t going away any time soon. In fact, it is expected to intensify over the next six months, Bisnow reported.