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.

 

Quas aliquid perferendis ea quia voluptatibus molestias. Quia quia perferendis voluptatem quam. Tempore dolor voluptatem ut explicabo et est fugiat.

Voluptas temporibus non nisi est nihil quia. Dolores provident et adipisci incidunt molestias est officiis. Odit veritatis non autem inventore amet et accusantium.

Commodi in illo quam quisquam numquam ullam sunt. Quaerat officiis sit asperiores voluptatem. Vero asperiores voluptas consectetur sapiente sint voluptatem qui. Dignissimos voluptatum eligendi perferendis ex. Placeat et commodi quae architecto ut debitis eligendi. Et autem assumenda voluptatem et adipisci dolorem corporis.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”