M&A Deal Summary

Ventas Acquires New Senior Investment Group

On June 28, 2021, Ventas acquired real estate company New Senior Investment Group for 2.3B USD

Acquisition Highlights
  • This is Ventas’ 11th transaction in the Real Estate sector.
  • This is Ventas’ 3rd largest (disclosed) transaction.
  • This is Ventas’ 11th transaction in the United States.
  • This is Ventas’ 2nd transaction in New York.

M&A Deal Summary
Date 2021-06-28
Target New Senior Investment Group
Sector Real Estate
Buyer(s) Ventas
Deal Type Add-on Acquisition
Deal Value 2.3B USD
Advisor(s) Morgan Stanley (Financial)
Cravath, Swaine & Moore (Legal)

Target

New Senior Investment Group

New York, New York, United States
New Senior Investment Group is a real estate investment trust with a diversified portfolio of senior housing properties located across the United States. New Senior is one of the largest owners of senior housing properties, with 103 properties across 36 states. New Senior Investment Group is based in New York, New York.

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Buyer(S) 1

Buyer

Ventas

Chicago, Illinois, United States
Category Company
Sector Real Estate
Employees486
Revenue 4.5B USD (2023)
DESCRIPTION

Ventas is a real estate investment trust (REIT), with a highly diversified portfolio of nearly 1,500 seniors housing communities, medical office buildings, skilled nursing facilities and hospitals in 46 states, the District of Columbia and two Canadian provinces. Ventas is based in Chicago, Illinois.

DEAL STATS #
Overall 12 of 12
Sector (Real Estate) 11 of 11
Type (Add-on Acquisition) 7 of 7
State (New York) 2 of 2
Country (United States) 11 of 11
Year (2021) 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-20 Brookdale Senior Living - Brookdale Battery Park

Brentwood, Tennessee, United States

Brookdale Senior Living, Inc. - Brookdale Battery Park is an independent living community in Brentwood, Tennessee.

Buy $194M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-17 Ardent Health Services

Brentwood, Tennessee, United States

Ardent Health Services is a premier provider of health care services and operates acute care hospitals across the United States. Ardent is based in Brentwood, Tennessee.

Sell -
Mergr

Product

Company

Legal