Post-Acute & Senior Living

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News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Rio Rancho Community

Project Partners Begin Second Development in Metro Albuquerque  RIO RANCHO, NM (January 16, 2018) – Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new senior living community in Rio Rancho, New Mexico. The 70,863-square-foot development in the northern suburb of Albuquerque will deliver 77 units for assisted living and memory […]

Tom DeRosa

News Release: Welltower Enters Into Agreement To Acquire Portfolio Of Sunrise Assets

NEWS PROVIDED BY Welltower Inc. 08:00 ET TOLEDO, Ohio, Jan. 2, 2018 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced it has entered into a definitive agreement to acquire a portfolio of rental continuing care retirement communities (“CCRCs”). The transaction comprises four communities offering a full continuum of care including independent living, assisted living, memory care and post-acute care concentrated […]

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News Release: Welltower and Hines Announce Joint Venture Partner for Sunrise at East 56th Street

1/2/2018 6:12:00 PM Construction underway for senior living and memory care community NEW YORK AND TOLEDO, OH) – Welltower Inc. (NYSE: HCN), the world leader in healthcare infrastructure, and Hines, the international real estate firm, announced today they have closed with a confidential major institutional investor on a limited partnership interest for the development of Sunrise […]

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News Release: Avison Young Arranges Sale of Assisted Living Community in Maryland

PERRY HALL, Md. (Dec. 14) – Avison Young announced today that it has arranged the sale of Quail Run Assisted Living, a 64-unit community in Perry Hall, Md. Birchwood Health Care Properties purchased the assisted living-memory care community. Representing the seller were Avison Young’s Dan Baker, vice president, and Jim Kornick, principal. The owner and […]

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News Release: H2C Advises Phoebe Putney Health System on its Sale of Phoebe Senior Living at Morningside to Care Investment Trust

FOR IMMEDIATE RELEASE  NEW YORK — December 15, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare focused strategic advisory and investment banking firm, served as the exclusive financial advisor to Phoebe Putney Health System (“Phoebe”) on the sale of Phoebe Senior Living at Morningside (“Morningside” or the “Community”) to Care Investment Trust (“CIT”), a real estate […]

News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter

News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter

FOR IMMEDIATE RELEASE: December 14, 2017 Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show that skilled nursing property occupancy […]

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News Release: HFF announces sale of and financing for Phoenix-area seniors housing community

DALLAS, TX – December 13, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and financing for The Heritage Tradition, a 303-unit, Class A+ seniors housing community in the Del Webb master planned community of Sun City West, Arizona. The HFF team marketed the property on behalf of the undisclosed seller, and procured […]

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News Release: Just closed: CenterPointe Behavioral Hospital Construction Financing

Just closed: CenterPointe Behavioral Hospital Construction Financing The JLL Healthcare Capital Markets Group is pleased to secure the construction-to-permanent financing of a 72-bed, full-service behavioral hospital for CenterPointe Behavioral Health System in Columbia, Missouri.  The 56,305 rentable square foot multi-specialty behavioral hospital, CenterPointe Columbia, will provide a full continuum of care for adults and adolescents.  The […]

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News Release: Mainstreet Health Investments Announces US$425 Million Transformational Acquisition of 42 US Property Portfolio, New Strategic Investor and Name Change

  Mainstreet Health Investments Announces US$425 Million Transformational Acquisition of 42 US Property Portfolio, New Strategic Investor and Name Change TORONTO, Nov. 17, 2017 /CNW/ – Mainstreet Health Investments (TSX: HLP-U) (“Mainstreet” or the “Company“) today announced that it has entered into definitive agreements with Tiptree Inc. (NASDAQ: TIPT) (“Tiptree“) and certain subsidiaries, to acquire Care Investment Trust […]

News Release: Kearsley Rehabilitation and Nursing Center Opens New Sub-Acute Care Unit, Achieves Five-Star Rating

News Release: Kearsley Rehabilitation and Nursing Center Opens New Sub-Acute Care Unit, Achieves Five-Star Rating

West Philadelphia Facility Focuses on Enhanced Services, Quality Care PHILADELPHIA, Pa., Nov. 15, 2017 – A new, million-dollar sub-acute care unit at Kearsley Rehabilitation and Nursing Center, and a five-star rating in U.S. News and World Report’s 2017 “Best Nursing Homes” feature reflect a commitment to enhanced services and quality patient care at the 84-bed […]

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News Release: Welbrook Senior Living opens 50-unit memory care facility in Santa Monica California.

EL SEGUNDO, CALIFORNIA, November 15, 2017– Welbrook Senior Living has completed construction and licensing of their newest memory care facility located in Santa Monica California. “This facility incorporates new design elements specifically for memory care programming and in conjunction with our Welbrook Moments Program will provide a quality lifestyle experience for seniors with Alzheimer’s or […]

News Release: MedCore Partners and Post Acute Medical, LLC Announce Development of PAM Rehabilitation Hospital of Dover

Dover, DE November 10, 2017 – MedCore Partners and Post Acute Medical, LLC (“PAM”) are pleased to announce the development of PAM Rehabilitation Hospital of Dover. Operated by PAM, this state-of-the art 42,000-square-foot acute inpatient rehabilitation hospital will provide comprehensive inpatient rehabilitation and outpatient therapy services for families in Dover, DE, and surrounding communities. Located near […]

Caddis recently recapitalized six Heartis senior living communities, including the 108-unit Heartis Village Peoria in Illinois (top) and the 95-unit Heartis Waco in Texas (bottom). This is the company’s second Heartis recapitalization of the year.

News Release: Caddis recapitalizes six Heartis senior living communities in Texas, Illinois

Firm has refinanced 1,048 units for $170 million in new debt this year, strengthening its financial position and reaffirming its commitment to the senior living sector Caddis recently recapitalized six Heartis senior living communities, including the 108-unit Heartis Village Peoria in Illinois (top) and the 95-unit Heartis Waco in Texas (bottom). This is the company’s […]

News Release: HCP Announces Transactions to Further Reduce Brookdale Portfolio Concentration

News Release: HCP Announces Transactions to Further Reduce Brookdale Portfolio Concentration

Reached Agreement with Brookdale to Restructure Portfolio and Significantly Reduce Concentration HCP to Sell Remaining 40% Investment in RIDEA II to Columbia Pacific Advisors NEWS PROVIDED BY HCP, Inc. Nov 02, 2017, 07:00 ET IRVINE, Calif., Nov. 2, 2017 /PRNewswire/ — HCP, Inc. (NYSE: HCP)  today announced several transactions with Brookdale Senior Living Inc. (“Brookdale“) and Columbia Pacific Advisors, […]

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News Release: Welbrook Senior Living starts construction of their second Transitional Rehabilitation Facility in New Mexico

FOR IMMEDIATE RELEASE: EL SEGUNDO, CALIFORNIA, October 26, 2016– Welbrook Senior Living has started construction of their second New Mexico Transitional Rehabilitation facility.  This new facility will be located in Farmington and complement their soon to be completed facility in Las Cruces. Welbrook has partnered with Embree Asset Group, a full service development company based in Georgetown, Texas […]