BlackSwan Zine

NEW YORK, — NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced the closing of the acquisition of a $639.3 million portfolio of continuing care retirement communities (CCRCs) from subsidiaries of Fountains Senior Living Holdings, LLC. The portfolio will continue to be operated by Watermark Retirement Communities, Inc. (Watermark), a national operator of senior living facilities and […]

The move away from inpatient care towards services provided outside of the hospital setting is leading many healthcare systems to sell off properties owned by their hospitals in an effort to scale back and raise some extra cash. For example, Weill Cornell Medical Center in New York City recently gained $65 million by selling 21,000 […]

American Healthcare Investors and Griffin Capital Corp., sponsors of Griffin-American Healthcare REIT II Inc., has acquired five medical office buildings in four states, including two buildings in Michigan, for $46 million.

TOLEDO, OH—Health Care REIT Inc., based here, said Wednesday that it has closed its $3.4 billion acquisition of Sunrise Senior Living Inc., but will be acquiring additional joint venture partner interests in Sunrise properties, for a total of $900 million, by July.

When it comes to the seniors housing investment sales climate, experts are calling 2012 the year of the small deal.

More than 2 million Chicago-area baby boomers begin turning 65 this year, unleashing a demographic wave that will last nearly two decades and transform nearly every part of the local economy.

Struggling hospital’s board votes to shutter its inpatient facility in Greenwich Village, clearing path to Chapter 11 filing.

Jay Leupp, manager of the Grubb & Ellis AGA US Realty Fund(GBEUX), expects real estate investment trusts that invest in apartments, health care and self-storage sites to gain.

Memorial Sloan-Kettering Cancer Center made a last-minute, $80.1 million bid earlier this week for the five-building complex that once housed the Cabrini Medical Center. The bid tops by a mere $100,000 a December offer from developer J.D. Carlisle.

Putting its doctors to work next to the shampoo and toothpaste aisles in a chain of New York City drugstores is paying off for a big Manhattan hospital system. Continuum Health Partners’ two-year-old arrangement to place its physicians in walk-in medical clinics at Duane Reade pharmacies has done even better than the health system hoped.