Inside these posts: REIT

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Ventas buying Nationwide Health for $5.8B

Chicago-based Ventas Inc. said Monday that it will buy Nationwide Health Properties Inc. in a $5.8 billion stock deal, creating the nation’s largest health care real-estate investment trust.

The Nationwide purchase solidifies Ventas’ position as an owner of senior housing communities. The combined company will have more than 1,300 assets in 47 states, the District of Columbia, and two Canadian provinces. Ventas also owns hospitals and medical office buildings. Get the full story »

Ventas to offer 5.5M shares in secondary offering

Ventas Inc., a Chicago-based real estate investment trust, plans to offer 5.5 million shares in a public offering to raise money to repay existing mortgage debt and for other purposes, the company said Tuesday. Get the full story »

Ventas wraps $186M deal for senior housing assets

Real estate investment trust Ventas Inc. said Monday it has completed a $186 million buyout of 58 senior housing communities from affiliates of Sunrise Senior Living Inc.

General Growth shares price at $14.75 each

General Growth Properties Inc. priced 135 million shares at $14.75 per share on Monday, as part of a plan to raise $1.99 billion to repay investors who helped finance the No. 2 U.S. mall owner’s exit from bankruptcy. Get the full story »

Ventas to buy Atria real estate assets for $1.5B

Ventas Inc. said Friday it is buying the real estate assets of Atria Senior Living Group for $1.5 billion in cash and stock, giving it a portfolio of 118 homes located in wealthy coastal regions.

The health care real estate investment trust is also assuming $1.6 billion in debt. Get the full story »

General Growth to reach end of bankruptcy

General Growth Properties Inc., the No. 2 U.S. mall owner, is slated to clear its final bankruptcy hurdle on Thursday, ending the largest U.S. real estate Chapter 11 filing.

While bankruptcy could soon be behind it, the company has a lot of challenges ahead, as investors and Wall Street will be looking at how it regains credibility as one of the largest U.S. real estate investment trusts. Get the full story »

General Growth 2Q sales up, rents pressured

General Growth Properties Inc., the No. 2 U.S. mall owner, said Monday that second-quarter funds from operations rose, citing greater leasing activity and higher sales at its malls. Get the full story »

Strategic Hotels rises on upgrade

Shares of Strategic Hotels & Resorts — a real estate investment trust active in the U.S., Mexico and Europe — rose on Monday, after an analyst said the company is poised for growth and upgraded the stock.

300 N. LaSalle sold for $655 million

The 1.3-million-square foot office building at 300 N. LaSalle St. has been sold to a California real estate investment trust for $655 million. Holliday Fenoglio Fowler, L.P.’s Chicago and New York offices closed the sale on behalf of the building’s current owner, Hines, a privately-owned real estate firm and have acquired $350 million in financing from MetLife Inc. for KBS Real Estate Investment Trust II Inc., the buyer. Get the full story »