Market dynamics will improve in senior living in 2020, but it’s too soon to say the industry has turned around from recent financial and occupancy challenges, Healthpeak President and Chief Investment Officer Scott Brinker said Wednesday .
Dallas-based operator Capital Senior Living and Irvine, CA-based real estate investment trust Healthpeak Properties (formerly HCP Inc.) are ending their relationship, Capital said Tuesday in announcing a new binding agreement.
Three previously announced transactions between Brookdale Senior Living and real estate investment trust Healthpeak Properties (formerly HCP Inc.) were finalized as of Jan. 31, Brookdale said Monday.
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.
Here’s a look at some of the news that occupied many minds in senior living over the past year.
A new agreement announced Wednesday gives real estate investment trust Healthpeak Properties the option to acquire up to 24 of Oakmont Senior Living’s housing development properties when Oakmont elects to sell them.
On the eve of its third-quarter earnings call, Irvine, CA-based real estate investment trust HCP Inc. announced a new name and ticker symbol as well as the promotions of several individuals. Additionally, the REIT announced multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living.
