Ventas to Acquire New Senior Investment Group in $2.3B Deal – GlobeSt.com

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The $2.3 billion transaction gives Ventas an independent living portfolio in advantaged markets with positive supply-demand fundamentals.

Ventas will acquire New Senior Investment Group in an all-stock transaction, valued at approximately $2.3 billion, including $1.5 billion of new senior debt.

With the acquisition of New Senior’s 12,404 units, Ventas is getting a geographically diversified portfolio of 103 private-pay senior living communities, including 102 independent living communities. It spans 36 states in the United States.

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