Seniors Housing M&A Market Comes to Life
by Steve Monroe | Jun 3, 2020 9:20 am | 60 Seconds, Opinion | 0 comments
Welltower’s recent announcement of two portfolio sales at low cap rates during the pandemic bodes well for the market. It has been a quiet past few weeks in the seniors housing M&A market. Last week was the first time we can remember when we have gone an entire week without one announced acquisition. That leaves us worried as to the... Read More »Newmark Knight Frank Handles Welltower’s $1.3 Billion Sale
by Ben Swett | Jun 3, 2020 9:17 am | Acquisitions | 0 comments
There were rumors circulating last month of a major portfolio sale by one of the healthcare REITs, and given the dearth of deals in May, we clung on to the promise of it. Well, on June 1, Welltower announced not one, but two large seniors housing portfolio dispositions, along with a major medical office building sale, all combined for a roughly... Read More »Two REITs Provide COVID and Census Updates
by Ben Swett | Jun 3, 2020 9:12 am | Opinion | 0 comments
Welltower recently disclosed what has been happening at its large seniors housing operating portfolio (SHOP), and we again give them credit for being transparent with investors as to the operating performance of its customers. In the second quarter through May 29, its SHOP portfolio has seen occupancy decline by 420 basis points. That’s the... Read More »May’s M&A Meltdown
by Ben Swett | Jun 3, 2020 9:07 am | Acquisitions, Statistics | 0 comments
The M&A statistics are in for May, and it was a doozy. Only 19 seniors housing and skilled nursing deals were publicly announced during the month, nearly half of which coming from the first quarter earnings reports of several public companies. Without those, we would have barely made it to double digits. You have to go back to July 2017 for... Read More »Blueprint Closes Another LTC Properties Sale
by Ben Swett | Jun 3, 2020 9:03 am | Acquisitions | 0 comments
After representing LTC Properties in its five-phase sale of a 2,500-bed skilled nursing portfolio, Blueprint Healthcare Real Estate Advisors went back to the well, handling LTC Properties and Senior Lifestyle Corp.’s sale of two large seniors housing campuses in Arizona. The deal closed on April 21, with Humair Sabir, Amy Sitzman and Jacob Gehl... Read More »
