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Stock Market & Financial Investment News

News Breaks
January 22, 2014
11:36 EDTCOH, END, AEGR, HCP, SWKSOptions with decreasing implied volatility: END SWKS AEGR COH HCP
News For END;SWKS;AEGR;COH;HCP From The Last 14 Days
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March 27, 2015
10:31 EDTSWKSOptions with increasing implied volatility
Options with increasing implied volatility: ZU ARWR HLSS CREE BMRN SWKS IOC CMG INFN HOT
05:49 EDTSWKSStocks with implied volatility movement; SWKS T
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March 26, 2015
11:05 EDTSWKSSkyworks falls, levels to watch
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10:56 EDTSWKSOptions with increasing implied volatility
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10:30 EDTSWKSSkyworks volatility elevated on share pullback
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March 18, 2015
11:25 EDTSWKSStocks with call strike movement; SWKS MU
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March 17, 2015
08:46 EDTHCPHCP, Brookdale announce $849M acquisition of senior housing portfolio
Brookdale Senior Living (BKD) and HCP, Inc. (HCP) announced that they have entered into a definitive agreement to acquire from Chartwell Retirement Residences a portfolio of 35 private pay senior housing communities representing 5,025 units for $849M. The Portfolio will be acquired using a RIDEA joint venture structure with HCP and Brookdale owning 90% and 10%, respectively. Brookdale has operated these communities since 2011 after its acquisition of Horizon Bay, and will continue to manage the communities post-closing under a long-term management agreement. Located in eight states with concentrations in Florida, Texas and Colorado, the Portfolio is comprised of: (i) 33 senior housing properties representing 4,792 units with a diversified care mix of 46% assisted living, 45% independent living, 5% memory care and 4% skilled nursing; and (ii) leasehold interests in two communities, which properties are wholly-owned by HCP, representing 233 units including purchase option rights exercisable in 2017. The majority of the units are located within the nationís top 31 Metropolitan Statistical Areas. Currently 89% occupied with an average monthly rate of $3,425, the Portfolio is expected to be acquired unencumbered by third party debt, and is projected to generate a first year cash yield of approximately 6.6%. The closing of this acquisition, expected in the third quarter of 2015, is subject to regulatory approvals and other customary closing conditions. There can be no assurance that the acquisition will close or, if it does, when the closing will occur.

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