Ventas reportedly in talks to buy all or part of Brookdale
Healthcare real estate investment trust Ventas is in talks to purchase all or part of Brookdale Senior Living, the Wall Street Journal reported Thursday.
Healthcare real estate investment trust Ventas is in talks to purchase all or part of Brookdale Senior Living, the Wall Street Journal reported Thursday.
Changes in the federal government in the new year have brought with them “a period of significant macro volatility and uncertainty” for businesses, Ventas Chairwoman and CEO Debra Cafaro told analysts and others participating in a fourth-quarter 2016 earnings call Friday.
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Hurricane Matthew resulted in death and destruction of property, but it also showed the value of seniors housing, Robert F. “Bob” Probst, the chief financial officer of real estate investment trust Ventas, told those participating in a third-quarter earnings call on Friday.
Brookdale once again tops this year’s ASHA 50 lists of owners and operators of senior living communities in the United States, released Wednesday. The lists do contain some changes from last year, however.
Ventas remains confident about seniors housing as an investment for several reasons, the REIT’s executives told analysts Friday during a second-quarter earnings call.
Ventas will pay $1.5 billion to acquire almost all of the life science and medical real estate assets of developer Wexford Science & Technology from affiliates of Blackstone Real Estate Partners VIII L.P., the real estate investment trust announced Tuesday.
Although Ventas grabbed headlines for two actions outside of the senior housing sector in 2015, the REIT remains committed to senior living, Chairwoman and CEO Debra Cafaro told investors in a Feb. 12 conference call.
The National Investment Center for Seniors Housing & Care has launched a new initiative to track and report aggregated data on seniors housing actual rents using a standard file format with standard field definitions.