- New Senior acquisition comes at the heels of the company disposing of all its Assisted Living assets, giving Ventas pure-play exposure to Independent Living.
- The transaction provides Ventas with greater exposure to more stable and higher-margin IL segment, more competitive grounds outside primary markets, and strengthened operator relationship.
- At a 6% cap rate and 20%-30% discount to replacement value, we think Ventas' shareholders are getting a compelling portfolio at a very compelling price.
For further details see:
Ventas: Zooming In On New Senior's Portfolio