WINTER PARK, Fla. — Holiday Retirement, the largest owner-operator of independent living properties in the United States, plans to move its headquarters from Lake Oswego, Ore., to the Orlando suburb of Winter Park, according to The Oregonian.
Company News
IRVINE, Calif. — Justin Hutchens will leave his post as president of HCP (NYSE: HCP) to become CEO of HC-One, a major seniors housing operator in the United Kingdom. Hutchens will remain in his current role at HCP through June 1 to help with the transition and the first quarter earnings report.
NEW YORK AND TOKYO — SoftBank Group Corp., a Tokyo-based tech conglomerate, has entered into a definitive merger agreement under which the company will acquire equity firm Fortress Investment Group LLC (NYSE: FIG) for approximately $3.3 billion in cash. Fortress is an investor in both independent living giant Holiday Retirement and publicly traded seniors housing REIT New Senior Investment Group.