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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (25913)11/10/2016 10:06:39 AM
From: E_K_S  Read Replies (1) | Respond to of 34328
 
More losses for Ventas amid downgrade, Care Capital results

Ventas (NYSE: VTR) is down another 6.2% early in the session as BMO downgrades to Underperform in the wake of Kindred Healthcare's decision to exit the SNF business (Ventas is the owner of 36 of those properties).

Recent spinoff Care Capital Properties ( CCP -4.8%) is also lower despite an earnings beat and boosted guidance. After quarter-end, the company agreed to buy another five SNFs and three senior housing communities for $39M in a sale-leaseback deal with an existing customer.

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Market continues to sell MPW & OHI. I think it is getting overdone but Mr. Market is always right but this shall pass too.

EKS



To: robert b furman who wrote (25913)5/8/2017 8:51:09 AM
From: E_K_S  Read Replies (1) | Respond to of 34328
 
To: inspbudget who wrote (25766)5/8/2017 8:49:32 AM
From: E_K_S of 25904
Re: CCP off 4.5%, has anyone seen any news?

Sabra Healthcare REIT, Care Capital Properties to merge in $7.4B deal

Sabra Healthcare REIT (NASDAQ:SBRA) and Care Capital Properties (NYSE:CCP) agree to merge in an all-stock deal, creating a healthcare REit with a portfolio of 564 investments across 43 U.S. states and Canada.

The combined company is expected to have a pro forma total market cap of ~$7.4B and an equity market cap of ~$4.3B.

Under the deal terms, CCP shareholders will receive 1.123 shares of SBRA common stock for each share of CCP common stock they own.

SBRA's current management team of Sabra will lead the combined company, with Rick Matros to serve as Chairman and CEO; the SBRA board will be expanded to eight members, adding CCP CEO Raymond Lewis and two additional directors from CCP.

CCP +5.6% premarket.
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No position in either but the Medical/healthcare REITs are a growth sector and we have seen consolidation and secondaries over the last 24 months. I expect more too.

EKS