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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 16pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 16pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Washington,
D.C. 20549</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 16pt"><B>FORM 8-K</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>CURRENT
REPORT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Pursuant
to Section 13 or 15(d</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>of the
Securities Exchange Act of 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Date of
report (Date of earliest event reported): November 12, 2014 (November 6, 2014)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 24pt"><B>New Senior
Investment Group Inc.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact Name of Registrant as Specified
in Charter)</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%; text-align: center"><B>Delaware</B></TD>
    <TD STYLE="width: 34%; text-align: center"><B>001-36499</B></TD>
    <TD STYLE="width: 33%; text-align: center"><B>80-0912734</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt"><B>(State or other jurisdiction <BR>
    of incorporation)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt"><B>(Commission<BR>
    File Number)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt"><B>(I.R.S. Employer <BR>
    Identification Number)</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: bottom; text-align: center">
    <TD STYLE="width: 50%"><B>1345 Avenue of the Americas <BR>
New York, New York</B></TD>
    <TD STYLE="width: 50%"><B>10105</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt"><B>(Address of principal executive offices)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 9pt"><B>(Zip code)</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.15in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>212-479-3140</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt"><B>(Registrant&#8217;s
telephone number, including area code)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Not Applicable</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt"><B>(Former
name or former address, if changed since last report)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.35in 0pt 0">Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the Registrant under any
of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.35in 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the
Securities Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the
Exchange Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item
1.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entry into a Material Definitive Agreement.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">On November 6, 2014 (the &#8220;Distribution
Date&#8221;), the previously announced spin-off of New Senior Investment Group Inc. (&#8220;New Senior&#8221;) from Newcastle Investment
Corp. (&#8220;Newcastle&#8221;) was completed (the &#8220;Spin-off Transaction&#8221;). The Spin-off Transaction was effected as
a taxable pro rata distribution by Newcastle of all of the outstanding shares of common stock of New Senior to the stockholders
of record of Newcastle as of October 27, 2014. The stockholders of Newcastle received one share of New Senior common stock for
each share of Newcastle common stock held. We expect New Senior&#8217;s common stock to begin regular way trading on the New York
Stock Exchange on November 7, 2014 under the symbol &#8220;SNR.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">In connection with the completion of the
Spin-off Transaction, on November 6, 2014, New Senior entered into a management agreement (the &#8220;Management Agreement&#8221;)
with its manager, FIG LLC (the &#8220;Manager&#8221;), pursuant to which the Manager will provide management services to New Senior.
Please see the Information Statement filed as an exhibit to New Senior&#8217;s Registration Statement on Form 10 for a description
of the material provisions of the Management Agreement, which description is incorporated herein by reference. A copy of the Management
Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 3.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unregistered Sales of Equity Securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">In connection with the Spin-off Transaction,
each right relating to shares of Newcastle common stock (each, a &#8220;Newcastle option&#8221;) that was held as of the Distribution
Date by the Manager, or by the directors, officers, employees, service providers, consultants and advisors of the Manager, was
converted into an adjusted Newcastle option and a right relating to a number of shares of New Senior common stock (each, a &#8220;New
Senior option&#8221;). The exercise price of each adjusted Newcastle option and New Senior option is being set to collectively
maintain the intrinsic value of the Newcastle option immediately prior to the distribution and to maintain the ratio of the exercise
price of the adjusted Newcastle option and the New Senior option, respectively, to the fair market value of the underlying shares
as of the distribution, in each case based on the five day average closing price subsequent to the Distribution Date. A total of
5,541,867 New Senior options are being issued. Such New Senior options are not being issued pursuant to New Senior&#8217;s Nonqualified
Stock Option and Incentive Award Plan (the &#8220;Plan&#8221;) and therefore will not reduce the number of shares of New Senior
common stock otherwise available for issuance under the Plan. The expiration dates range from November 22, 2014 to August 18, 2024.
The terms and conditions applicable to each New Senior option are substantially similar to the terms and conditions otherwise applicable
to the underlying Newcastle option as of the Distribution Date. The grant of these options is exempt from the registration requirements
of the Securities Act of 1933, as amended, pursuant to Section 4(2) thereof. A copy of the form of letter sent to Newcastle&#8217;s
option holders describing the equitable adjustment to Newcastle&#8217;s options is attached hereto as Exhibit 10.2 and is incorporated
herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in">The information set forth in Item 3.02 is incorporated
herein by reference into this Item 5.02.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 8.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Events.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">On November 7, 2014, New Senior issued a
press release announcing the completion of the Spin-off Transaction. A copy of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item
9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(d) Exhibits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid">Exhibit<BR>
    Number</TD>
    <TD STYLE="width: 90%; text-align: center; vertical-align: bottom; border-bottom: Black 1pt solid">Description</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>10.1</TD>
    <TD>Management Agreement, dated November
6, 2014, between New Senior Investment Group Inc. and FIG LLC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>10.2</TD>
    <TD>Form of Letter sent to Newcastle&#8217;s
option holders describing the equitable adjustment to Newcastle&#8217;s options.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>99.1</TD>
    <TD>Press Release, dated November 7,
2014, announcing completion of the Spin-off Transaction.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in 0pt 0; text-align: justify; text-indent: 0.3in">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in 0pt 0; text-align: justify; text-indent: 0.3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in 0pt 0; text-align: justify; text-indent: 0.3in"></P>

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<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">NEW SENIOR INVESTMENT GROUP INC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Date: November 12, 2014</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Mark Wallace</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Mark
Wallace</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Chief Financial Officer and Treasurer</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in 0pt 0; text-align: justify; text-indent: 0.3in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>EXHIBIT
INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.4in; text-align: justify">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid">Exhibit<BR>
    Number</TD>
    <TD STYLE="width: 90%; text-align: center; vertical-align: bottom; border-bottom: Black 1pt solid">Description</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>10.1</TD>
    <TD>Management Agreement, dated November
6, 2014, between New Senior Investment Group Inc. and FIG LLC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>10.2</TD>
    <TD>Form of Letter sent to Newcastle&#8217;s
option holders describing the equitable adjustment to Newcastle&#8217;s options.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>99.1</TD>
    <TD>Press Release, dated November 7,
2014, announcing completion of the Spin-off Transaction.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>




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{"company-data": {"conformed-name": "New Senior Investment Group Inc.", "cik": "0001610114", "assigned-sic": "6798", "irs-number": "000000000", "state-of-incorporation": "NY"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-36499", "film-number": "141214034"}, "business-address": {"street1": "1345 AVENUE OF THE AMERICAS, 46TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10105", "phone": "2128235564"}, "mail-address": {"street1": "1345 AVENUE OF THE AMERICAS, 46TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10105"}, "former-company": {"former-conformed-name": "New Healthcare Investment Corp.", "date-changed": "20140605"}}
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d
of the
Securities Exchange Act of 1934
Date of
report (Date of earliest event reported): November 12, 2014 (November 6, 2014)
New Senior
Investment Group Inc.
(Exact Name of Registrant as Specified
in Charter)
Delaware
001-36499
80-0912734
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification Number)
1345 Avenue of the Americas
New York, New York
10105
(Address of principal executive offices)
(Zip code)
212-479-3140
(Registrant's
telephone number, including area code)
Not Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the Registrant under any
of the following provisions:
o
Written communications pursuant to Rule 425 under the
Securities Act
o
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act
o
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
Item
1.01.     Entry into a Material Definitive Agreement.
On November 6, 2014 (the "Distribution
Date"), the previously announced spin-off of New Senior Investment Group Inc. ("New Senior") from Newcastle Investment
Corp. ("Newcastle") was completed (the "Spin-off Transaction"). The Spin-off Transaction was effected as
a taxable pro rata distribution by Newcastle of all of the outstanding shares of common stock of New Senior to the stockholders
of record of Newcastle as of October 27, 2014. The stockholders of Newcastle received one share of New Senior common stock for
each share of Newcastle common stock held. We expect New Senior's common stock to begin regular way trading on the New York
Stock Exchange on November 7, 2014 under the symbol "SNR."
In connection with the completion of the
Spin-off Transaction, on November 6, 2014, New Senior entered into a management agreement (the "Management Agreement")
with its manager, FIG LLC (the "Manager"), pursuant to which the Manager will provide management services to New Senior.
Please see the Information Statement filed as an exhibit to New Senior's Registration Statement on Form 10 for a description
of the material provisions of the Management Agreement, which description is incorporated herein by reference. A copy of the Management
Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 3.02.     Unregistered Sales of Equity Securities.
In connection with the Spin-off Transaction,
each right relating to shares of Newcastle common stock (each, a "Newcastle option") that was held as of the Distribution
Date by the Manager, or by the directors, officers, employees, service providers, consultants and advisors of the Manager, was
converted into an adjusted Newcastle option and a right relating to a number of shares of New Senior common stock (each, a "New
Senior option"). The exercise price of each adjusted Newcastle option and New Senior option is being set to collectively
maintain the intrinsic value of the Newcastle option immediately prior to the distribution and to maintain the ratio of the exercise
price of the adjusted Newcastle option and the New Senior option, respectively, to the fair market value of the underlying shares
as of the distribution, in each case based on the five day average closing price subsequent to the Distribution Date. A total of
5,541,867 New Senior options are being issued. Such New Senior options are not being issued pursuant to New Senior's Nonqualified
Stock Option and Incentive Award Plan (the "Plan") and therefore will not reduce the number of shares of New Senior
common stock otherwise available for issuance under the Plan. The expiration dates range from November 22, 2014 to August 18, 2024.
The terms and conditions applicable to each New Senior option are substantially similar to the terms and conditions otherwise applicable
to the underlying Newcastle option as of the Distribution Date. The grant of these options is exempt from the registration requirements
of the Securities Act of 1933, as amended, pursuant to Section 4(2) thereof. A copy of the form of letter sent to Newcastle's
option holders describing the equitable adjustment to Newcastle's options is attached hereto as Exhibit 10.2 and is incorporated
herein by reference.
Item 5.02.     Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The information set forth in Item 3.02 is incorporated
herein by reference into this Item 5.02.
Item 8.01.     Other Events.
On November 7, 2014, New Senior issued a
press release announcing the completion of the Spin-off Transaction. A copy of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
Item
9.01.     Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
10.1
Management Agreement, dated November
6, 2014, between New Senior Investment Group Inc. and FIG LLC.
10.2
Form of Letter sent to Newcastle's
option holders describing the equitable adjustment to Newcastle's options.
99.1
Press Release, dated November 7,
2014, announcing completion of the Spin-off Transaction.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
NEW SENIOR INVESTMENT GROUP INC.
Date: November 12, 2014
By:
/s/ Mark Wallace
Name: Mark
Wallace
Title: Chief Financial Officer and Treasurer
EXHIBIT
INDEX
Exhibit
Number
Description
10.1
Management Agreement, dated November
6, 2014, between New Senior Investment Group Inc. and FIG LLC.
10.2
Form of Letter sent to Newcastle's
option holders describing the equitable adjustment to Newcastle's options.
99.1
Press Release, dated November 7,
2014, announcing completion of the Spin-off Transaction.