FACTBOX-Acquisitions in the US senior-living space

BANGALORE, Oct 22 (BestGrowthStock) – U.S. healthcare real-estate
investment trust Ventas Inc (VTR.N: ) said it will buy
real-estate assets of Atria Senior Living Group for about $1.5
billion, making it the largest U.S. owner of senior housing
communities. Ventas’ acquisition is the latest and the largest
in a line of acquisitions that have happened over the last year
in the assisted-living/senior-living space. [ID:nSGE69L0GJ]

Here is a list of asset acquisitions and mergers that have
happened in the past one year.

Oct. 18 — LTC Properties Inc (LTC.N: ) signed three purchase
deals to buy four assisted-living properties for a total price
of $26.9 million. [ID:nASA00U3V]

Oct. 12 — Assisted Living Concepts Inc (ALC.N: ) signed a
deal to buy nine senior-living residences from HCP Inc (HCP.N: )
for $27.5 million plus certain transaction costs.

Oct. 4 — Ventas Inc bought the real estate interest in 58
senior-living communities from Sunrise Senior Living’s (SRZ.N: )
unit for $186 million, including $145 million in mortgage debt.

June 28 — Capital Senior Living Corp (CSU.N: ) acquired
Signature Assisted Living of Texas’ interests in 12 leases with
Health Care REIT Inc (HCN.N: ). Capital expected the deal to be
accretive by $0.09 per share for the year. [ID:nWNAB1368]

May 19 — Emeritus Corp (ESC.N: ) leased out four
senior-living communities from HCP Inc and Texas HCP Holdings
L.P. The lease agreement has an initial term of 10 years with
two available extension options of 10 years each.

March 26 — A joint venture led by Emeritus Corp,
Blackstone Real Estate Advisors and Columbia Pacific Advisors
successfully bid for 149 senior-living facilities from bankrupt
retirement home operator Sunwest Management. They paid a total
of $1.3 billion for the facilities. [ID:nSGE62P0GO]

March 8 — Midwest Portfolio Holdings II LP, a joint
venture in which Capital Senior Living Corp holds a 15 percent
partnership interest, sold three senior-living communities to
Health Care REIT Inc. Capital expected proceeds of about $3
million from the deal. [ID:nBw085291a]

Oct. 9, 2009 — Brookdale Senior Living Inc (BKD.N: ) bought
21 assisted-living communities from its peer Sunrise Senior
Living Inc for $204 million. [ID:nWNAB7693]
(Reporting by Vidya L Nathan in Bangalore)

FACTBOX-Acquisitions in the US senior-living space