REIT Report: Newcastle spin-off creates new REIT

New Senior Investment Group began trading Nov. 7 on the New York exchange

By Murray W. Wolf

Careful readers will notice that the Healthcare Real Estate Insights™ Index of Publicly Traded Healthcare Real Estate Investment Trusts (REITs) shown below has grown since last month.

New to the index this month is New Senior Investment Group (NYSE: SNR), bringing to 16 the total number of REITs in the index. Newcastle Investment Corp. (NYSE: NCT) completed the spin off of New Senior Investment Group on Nov. 6, and SNR began trading on the New York Stock Exchange the following day.

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