Seniors Housing Weekly Market Update
March 2, 2011
60 Seconds With Steve Monroe
March 2, 2011. On Monday, February 28, Ventas and Health Care REIT announced one acquisition each totaling a combined $9.6 billion. Ventas is buying a smaller REIT, Nationwide Health Properties, while Health Care REIT is buying 147 skilled nursing facilities from Genesis HealthCare. The recent level of seniors housing and care investment activity by health care REITs is unprecedented.