Healthpeak Properties - McKnight's Senior Living

Healthpeak Properties

Sabra ‘in all likelihood’ will exit Enlivant portfolio, Matros says, as REITs take varied approaches to senior living investments

Sabra Health Care REIT has yet to reach a decision about its joint venture with private equity firm TPG Real Estate, through which it has a 49% stake in a portfolio of dozens of Enlivant senior living communities, CEO Rick Matros said yesterday at Nareit’s REITweek 2021 Investor Conference. “In all likelihood,” however, he said, “our preference is going to be to exit the portfolio. The pandemic changed everything.”

Healthcare professional in protective gloves & workwear holding & organising a tray of COVID-19 vaccine vials. The professional is carrying out researches on COVID-19 vaccine in laboratory.

Senior living and care REITs revived by early vaccinations: analysis

Early success in the initial vaccine roll-out has brought “new life” to many struggling senior living and skilled nursing-focused real estate investment trusts. New cases of COVID-19 are “nearly eradicated” in long-term care facilities, and the “big three” senior housing-focused REITS have led the rebound, according to an analysis by Hoya Capital Real Estate, published Friday on SeekingAlpha.

Healthpeak says CCRC commitment remains strong despite rental senior housing exit

As Denver-based Healthpeak Properties continues disposing of its rental senior housing portfolio, the real estate investment trust said Monday that its commitment to expanding its portfolio of continuing care retirement communities is stronger than ever.  In an investor presentation prepared for the Citi 2021 Global Property CEO Conference, the firm praised CCRCs as irreplaceable real…

Richard Hutchinson hedshot

Discovery Senior Living launches new regional brand with 16-property, $230M acquisition from Healthpeak

Discovery Senior Living and White Oak Healthcare REIT have acquired 16 senior living communities across Texas, North Carolina and New Mexico, through a joint venture announced Friday. The move, which Bonita Springs, FL-based Discovery said was the single largest acquisition in its history, has resulted in the creation and launch of Morada Senior Living, the firm’s newest division and regional brand.

Thomas Herzog

Healthpeak continues to prune senior living portfolio but sees CCRCs as ‘additive’

Healthpeak Properties’ planned exit of its senior living operating and triple-net lease portfolio businesses is substantially complete, as the healthcare real estate investment trust focuses on increasing the size of its biotech-centric life sciences and medical office building portfolios. The REIT will continue to invest in continuing care retirement communities, however.

Next post in News