New Senior Investment Group (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States.
As of June 30, 2018, we are one of the largest publicly-traded owners of senior housing properties, owning 133 properties across 37 states. Our portfolio is well diversified in both product type and geography. As of June 30, 2018, we have 102 independent living (“IL”) properties, 30 assisted living / memory care (“AL/MC”) properties and 1 continuing care retirement community (“CCRC”) property.
Our portfolio is categorized into two major segments: (1) Managed Properties, which are operated by property managers pursuant to property management agreements and (2) Triple Net Lease Properties, which we lease to tenants. Our managed portfolio includes 132 assisted living, memory care and independent living properties and our triple net lease portfolio includes 1 continuing care retirement community.
We are externally managed and advised by FIG LLC, an affiliate of Fortress Investment Group LLC, which is a leading global investment management firm with $40.9 billion of assets under management as of March 31, 2018. On August 9, 2018, we announced a plan to internalize management. For more information, please see the Investor Relations section of this website.
More detailed information about our business is included in our reports filed with the Securities and Exchange Commission (SEC). These reports describe, among other things, certain risks that could have a material adverse impact on our ability to achieve our business objectives, realize our expected investment returns, and pay dividends. We urge you to review these risks and the other information in our SEC reports.