The Clare In Chicago, one of Senior Care Development's assets

In the final installment of this year's Influencers series, Real Estate Forum is putting the spotlight on the people and organizations that have helped to shape the field of Healthcare Real Estate. Don't miss your chance to nominate a Healthcare Influencer today!

NEW YORK CITY–Alternative asset manager Fundamental Advisors and developer Senior Care Development have extended their existing relationship to form a joint venture to acquire up to $1 billion in the beleaguered skilled nursing asset class.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.