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Property Types Seniors Housing
Stable Skilled Nursing Sub-Sector Lures Health Care REIT into $55.5M Purchase
While many real estate investors sit on the sidelines waiting for property prices to fall dramatically or the credit market to defrost, National Health Investors Inc. is actively enhancing its portfolio in one of the most stable property sectors in the current economic climate-- skilled nursing, a subtype of the seniors housing sector. The healthcare REIT just shelled out $55.5 million in cash for four skilled nursing facilities, all of which will be leased back to the seller and tenant, Legend Healthcare L.L.C.
Interest in Assisted Living Undeterred by Troubled Economy
No part of the commercial real estate industry has been spared by the economic crisis, but the senior living sector has been less brutally impacted than others have. And according to a new report issued jointly by a quintet of industry groups, the assisted living sub-sector is achieving the seemingly impossible these days--high occupancy levels.
 

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