Seniors Housing Weekly Update--SNH Buys Vi

September 6, 2011

60 Seconds With Steve Monroe 
 

September 6, 2011. The recently announced acquisition of nine Vi-managed retirement communities by Senior Housing Properties Trust may be a vote of confidence on the struggling independent living market...

 

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Sound Bite

"If they can only find a buyer for their Entrance Fee CCRCs ... maybe next year" is quite a closing, Steve. I'd be interested in hearing from your audience -- are the reports of the demise of a financial model that enables retirees to buy down their monthly fees by making a capital contribution greatly exaggerated? Thanks once again for the thought-provoking commentary. best, Dan

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