The deal for the 127-room luxury hotel calculated out to approximately $421,000 per key. The transaction marks Xenia's fourth luxury hotel property acquisition in 2018 and is the company's 41st hotel property in its portfolio.

The recent ULI reports demonstrate the focus on healthy living spaces with wellness extending beyond to the workplace, as companies increasingly pay more attention to employee well-being.

Panelists at RealShare Healthcare say that while skilled nursing facilities have struggled to remain profitable, they remain a part of healthcare's universe and “need to step up” and have better communication with hospitals and downstream partners.