SOURCE: Rising India, Inc.
TUSTIN, CA--(Marketwired - Jan 3, 2014) - Rising India, Inc. (OTC Pink: RSII) finds Senior Housings top 10 Mega Deals of 2013. A positive direction for Company's projected projects.
Similar to 2011 and 2012, the senior housing industry was no stranger to mergers and acquisitions in 2013, with transactions ranging in size from one or two properties to chunks of high-profile portfolios and even entire companies.
We've gathered the top 10 U.S.-based transactions that were announced or closed throughout the past year, starting with the smallest acquisitions by dollar amount and ending with the mega deals of 2013. Click through to our coverage to refresh your memory on the details:
#10. Health Care REIT to Buy Out Merrill Gardens Joint Venture for $173 Million (06/27/13)
#9. Kindred to Sell 17 Facilities for $187 Million to Vibra Healthcare (04/26/13)
#8. Private Equity Firm TPG Closes $280 Million Buyout of Assisted Living Concepts (07/14/13)
#7. Formation Capital Acquires Senior Housing Portfolio for $400 Million (07/03/13)
#6. CNL Healthcare to Acquire $457 Million Senior Living Portfolio (10/14/13)
#5. Griffin-American Completes $472 Million Senior Housing Portfolio Buy (09/12/13)
#4. NHI to Acquire 25 Holiday Retirement Communities for $491 Million (11/19/13)
#3. Ventas Buys 26 Communities from Holiday for $790 Million (10/25/13)
#2. Newcastle to Acquire 52 Holiday Retirement Properties for $1 Billion (11/18/13)
#1. Health Care REIT Completes $4.3 Billion Sunrise Acquisition (7/01/13)
Editor's note: These transactions are not listed in chronological order and include deals announced in 2012.
For more information, please visit www.risingindiainc.com
About Rising India, Inc.
Rising India, Inc., ("RSII"), is a holding Corporation that develops independent living, assisted living and memory center communities. Rising India's management are specialists in acquiring raw land and having it entitled for the appropriate use and then build the proposed project.
Forward-Looking Statement Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.