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Post-Acute & Senior Living

News Release: Seniors Housing Occupancy Rate During Fourth Quarter Again Stable at 88%

News Release: Seniors Housing Occupancy Rate During Fourth Quarter Again Stable at 88%

Fourth Quarter Registers the Highest Increase in Occupied Seniors Housing Units Since NIC Began to Report the Data in 2006 FOR IMMEDIATE RELEASE: January 10, 2019 ANNAPOLIS, Md. – The occupancy rate for seniors housing across the United States was steady in the fourth quarter of 2018, according to new data from the National Investment Center for Seniors […]

News Release: Just closed: Kindred Rehabilitation Hospital | Humble, Texas

News Release: Just closed: Kindred Rehabilitation Hospital | Humble, Texas

The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 46-bed freestanding inpatient rehabilitation hospital opened in 2012 located in Humble, Texas. Kindred Healthcare operates the hospital subject to a long-term absolute net lease. Kindred Healthcare is one of the largest providers of post acute care and acute rehabilitation services in […]

News Release: H2C Advises Southern Indiana Rehabilitation Hospital on Sale to Vibra Healthcare

News Release: H2C Advises Southern Indiana Rehabilitation Hospital on Sale to Vibra Healthcare

NEW YORK — Feb. 27, 2019 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to Southern Indiana Rehabilitation Hospital (“SIRH” or “the Hospital”) in its sale to Vibra Healthcare. In Fall 2017, SIRH engaged H2C as its exclusive financial advisor to explore a sale of the […]

News Release: MedCore Partners and The National Realty Group (TNRG) Announce the Start of Construction on Fountainwood at Lake Houston, a Senior Living Community near Lake Houston

News Release: MedCore Partners and The National Realty Group (TNRG) Announce the Start of Construction on Fountainwood at Lake Houston, a Senior Living Community near Lake Houston

MedCore Partners and TNRG announce the commencement of construction on a 7-acre site on the northeast corner of W. Lake Houston Parkway and Will Clayton Parkway for a 190-unit senior living community. Situated just off the shores of Lake Houston and offering premier senior living services to the northeast Houston sector, Fountainwood at Lake Houston […]

News Release: Caddis to develop its first Heartis senior living community in Pennsylvania

News Release: Caddis to develop its first Heartis senior living community in Pennsylvania

Heartis Yardley near Philadelphia, which will offer convenient access and first-class amenities, is designed to fill an important market need for senior housing® senior living brand FOR IMMEDIATE RELEASE News Media Contact: Stacey Berman, Caddis, 469-547-5421, sberman@caddis.com YARDLEY, Pa., and DALLAS, Jan. 31, 2019 – In a continuation of its successful expansion across the country, Caddis® […]

Caddis officials say that the 18-story, 213-unit Heartis Buckhead luxury senior living community is their most ambitious senior living and healthcare real estate project to date.

News Release: Your parents will want to live here: Luxury senior high-rise planned for Buckhead area

Caddis® says its new 213-unit Heartis® community in Atlanta’s prestigious Buckhead district will be one of the nation’s most sumptuous, amenity-filled senior communities ATLANTA and DALLAS, Jan. 23, 2019 – Caddis® is developing one of the most luxurious, amenity-filled senior communities in the country in a high-visibility location in the prestigious, popular Atlanta Buckhead area, […]

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News Release: Persistence pays off with award-winning Milwaukee-area senior living community

Dallas-based Caddis® is recognized for transforming a neglected brownfield site in Glendale, Wis., into an amenity-filled senior community in a park-like setting GLENDALE, Wis., and DALLAS, Jan. 21, 2019 – Since the late 1990s, several unsuccessful proposals had come and gone to redevelop a former brownfield site on the west side of the Milwaukee River, […]

News Release: The Sanders Trust acquires $17 million specialty hospital, entering 26th state

News Release: The Sanders Trust acquires $17 million specialty hospital, entering 26th state

The Alabama-based Healthcare Real Estate Firm Acquires an Eating Recovery Center facility in Denver, Colorado Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the acquisition of an Eating Recovery Center facility in Denver, Colorado which marks the 26th state for the company. The $17 million property is well-located, […]

News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living

News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living

Experienced executive will oversee the operations and growth of the award-winning, nationwide Heartis® senior living brand DALLAS, Jan. 3, 2019 – Tami Cumings, who has more than 25 years of experience in the independent living, assisted living and memory care industry, has joined Caddis® as Vice President, Senior Living to oversee the operations and growth […]

News Release: PMB completes rehab hospital conversion

News Release: PMB completes rehab hospital conversion

The firm’s $18.9 million transformation of a former LTAC has created a new 44-bed inpatient rehab facility for Community Health Network and Kindred Healthcare in suburban Indianapolis Indianapolis and San Diego, Dec. 18, 2018 – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion […]

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

PMB Completes Conversion of Community Rehabilitation Hospital South in Greenwood IN San Diego, CA (November 27, 2018) – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion of an extensive $18.9 million conversion of Community Rehabilitation Hospital South. Community Health Network and Kindred Healthcare […]

Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property

Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property

Des Plaines IL. – Bethesda, Md.-based Capital One reports that it recently provided a 35-year, fixed-rate $28.4 million HUD (Housing and Urban Development) loan to refinance a supportive living

Post-Acute & Senior Living: Senior housing occupancy steadies

National average was 87.9 percent in Q3, matching the lowest rate since Q2 2011 By John B. Mugford It might not be great news, but at least the occupancy rate for the country’s seniors housing facilities did not fall any farther in the third quarter (Q3) of 2018, according to Annapolis-based National Investment Center for […]

Post-Acute & Senior Living: Griffin-American Healthcare REIT IV acquires eight SNFs in Missouri for $88.2 million

Post-Acute & Senior Living: Griffin-American Healthcare REIT IV acquires eight SNFs in Missouri for $88.2 million

Missouri – Irvine, CA-based Griffin-American Healthcare REIT IV, a non-traded real estate investment trust (REIT), recently acquired a portfolio of skilled nursing facilities in Missouri for $88.2 million. With eight facilities and 1,112 licensed beds, the Missouri Skilled

Post-Acute & Senior Living: Unnamed investor pays $15 million for 211-bed skilled nursing facility in Tucson, Ariz.

Post-Acute & Senior Living: Unnamed investor pays $15 million for 211-bed skilled nursing facility in Tucson, Ariz.

Tucson, AZ – Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility (SNF) in Tucson, recently traded for $15 million, or $71,000 per bed. The buyer was an unnamed Chicago