Healthcare Real Estate

As part of the deal, Ventas structured a lease extension with Kindred on 23 LTACs through 2030.

Rents in midsize markets surge due to high capex and borrowing costs.

First KKR and then Nuveen add $1.4 billion in value to Healthcare Realty.

But it was a mixed bag, as sales continued its turbulent trend.

However, resilience remained in the asset class.

The reason is simple: Too much current and future need and not enough supply.

Hospitality was the asset class most impacted by distress activity at 7.2% of total sales.

He paints a vivid picture of change in market sentiment.