INVESTMENTS IN REAL ESTATE

INVESTMENTS IN REAL ESTATE

The Carlyle Group invested in the active adult community segment by partnering with Greystar to expand its Overture active adult facility brand. Meanwhile, LongueVue Capital provided growth capital financing to the Platinum Senior Living facility. With regard to investments made in the ambulatory medical office space, KKR invested $10 billion dollars to acquire an operator of ambulatory medical facilities.

1. Active Adult Communities

The Carlyle Group

  • The Carlyle Group is a private equity firm that invested in the active adult community sector. One of its investments is on the Overture brand of the Greystar property business.
  • The Overture brand operates several active adult communities.
  • The company has chosen this sector due to the longer stays made by the residents compared to the average in independent living homes. The company also earns at profit margins that are greater than those that can be gained from investing in senior housing.
  • The company analyzed demographic patterns prior to its first investment in the active adult sector.
  • Its current active housing portfolio has a series of acquisitions and ground-up projects.

The Arizona State Retirement System (ASRS)

The New York State Common Retirement Fund

  • Meritage Homes provides a facility for 55+ active adult communities.
  • The New York State Common Retirement Fund invested in Meritage Homes by purchasing 358,000 of the latter’s stocks worth $27 million.
  • The New York State Common Retirement Fund is a pension fund that invests in private equity, real assets, and other types of investments.

Senior Housing

2. Senior Housing Communities

FOcus Healthcare Partners

LongueVue Capital

  • LongueVue Capital is a private equity firm that is focused on investing in various industries such as healthcare, transportation, logistics, specialty manufacturing, and others.
  • The company invested in Platinum Senior Living by providing growth capital to finance the establishment of new senior living properties.
  • Platinum Senior Living operates a premium senior care facility that is engaged in providing assisted living and memory care services.

Kayne Anderson Capital Advisors

The following shows a summary of the various investments done on senior housing and care facilities:

Closed Transactions Seniors Housing and are Volume by Buyer Type

3. Ambulatory Medical Offices

KKR

  • KKR’s investment in ambulatory medical facilities includes its $10 billion acquisition of Envision Healthcare.
  • KKR is a private equity firm.
  • Envision Healthcare provides various healthcare delivery services in various its ambulatory surgery facilities.

ZT Corporate

LLR Partner

  • LLR Partner, a private equity firm, invested in Eye Health America.
  • Eye Health America is a newly-established “practice management organization” that aims to help major eye care practices expand further through both “organic growth and acquisition initiatives.”
  • The establishment of Eye Health America also comes with its acquisition of The Eye Associates, Clemson Eye, and the Piedmont Surgery Center.
  • These three firms are the major players when it comes to offering “advanced eye care and ambulatory surgery services.”

4. Life Science R&D Facilities

GTCR

Bain Capital

The Biogen-Idec Innovation Incubator

J&J’s JLABS

  • J&J is working on establishing JLABS, an incubator network that can help the company have first-hand access to initial product discoveries.
  • The company invests in the life sciences sector by offering its shared facilities such as workspaces and laboratories with “chemistry, biotechnology, and prototyping equipment.” The facilities can be used by businesses and scientists.

Leave a Reply