As the geriatric population in the United States increases, more companies take advantage of the businesses that lie on the needs of this demographic. In ratio, 1 out of 7 Americans are above the age of 65. Some of these elderly people are already incapable of living by themselves and have special needs to be attended by professionals.

Senior housing properties are the perfect avenue for the elderly population to receive their personalized care and assisted living needs. New Senior Investment Group is one of the real estate investment trust (REIT) firms in the United States that operate senior housing communities. The company has a diversified portfolio of these properties across the country. It remains publicly traded on the New York Stock Exchange and markets its common shares using the ticker symbol SNR.

Listed as one of the largest publicly-traded owners of senior housing properties in the country, the company operates across 32 states. As of June 2015, they have more than 124 properties. These assets are highly diverse and include 77 independent living properties, 42 assisted living/memory care housing communities and 5 continuing care retirement properties. These assets are further categorized into Managed Properties and Triple Net Lease Properties. Their Managed Properties are operated by the company’s property managers while the Triple Net Lease Properties are being leased to several tenants.

Headquartered in New York City, the business remains to be externally managed and advised by FIG., LLC. The latter is an affiliate of Fortress Investment Group, LLC. Through the expertise and global capacity of Fortress, the company continues to strategically source, manage and complete attractive acquisitions. The business develops properties that are fully equipped with the latest technology and the highly skilled professionals to meet the demands of senior living. New Senior Investment Group is listed as a component of the Wilshire 5000 Index.