6 Comments
 
tan86Competition in the space is changing dramatically with Ventas' recent acquisition of NHP.

Overall, healthcare RE is an interesting place to be in right now. Aging population of the US bodes well for the industry.

Any chance you could elaborate on the 2 points? Thanks in advance!

 

From a top down perspective healthcare / senior living RE should be in for a good few years... I've heard of Health Care REIT (it's very big, I think) but I don't really know much about them specifically.

 
Best Response

Sure.

Ventas (VTR) is a large healthcare REIT based in Chicago. About a month ago they bought Nationwide Health Properties (NHP). The acquisition will result in the largest public healthcare REIT. VTR has a history of growth through acquisition, and the NHP deal follows suit. As a result of the acquisition, VTR gained access to two segments in the market that their current portfolio was lacking 1) West coast properties 2) Senior Living Housing.

See more about the deal here: http://www.bloomberg.com/news/2011-02-28/ventas-to-purchase-nationwide-…

So why is Senior Living Housing a segment VTR wanted increased exposure to in their portfolio? As many people are aware of, the baby boomer generation -- which represents a huge % of the US population -- is starting to approach their "senior" years. As a result, the US population is becoming increasingly skewed towards the elderly.

This segment of people, who are empty nesters and have recently seen their net worth decrease as a result of the Credit Crisis, are looking to downsize their residences. However, they still want to lead an "active lifestyle" and be involved with some sort of community. The answer to this need is the increasing development of Senior Living Housing. These communities 1) are cost effective 2) often luxurious 3) community based. In other words, everything the baby boomer generation wants!

Consequently, there is going to be growth in this market as the baby boomer generation continues to age.

 

Dignissimos qui ea illo. Aut animi necessitatibus magni. Eius odio rerum repellat a.

Sit nemo perferendis ut fugit sit inventore. Eveniet veritatis saepe eum quis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”