Asset Sales And Capital RecyclingPlanned disposal of about $1 billion of outpatient medical assets can fund new outpatient developments, distressed opportunities or share repurchases and support debt reduction.
Corporate RestructuringSpinning off the senior housing platform into a separate REIT could crystallize hidden value, enable targeted capital recycling and support de-leveraging of the company balance sheet.
Ongoing Fee IncomeRetention of a majority stake and an external management role in the new senior housing REIT preserves strategic influence while generating ongoing fee income to bolster cash flow.