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.
[ID:nASA00T95]

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.
[ID:nSGE6930G6]

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.
[ID:nBw196738a]

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