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News Release: Flagship Healthcare Trust Acquires Lexington Kentucky Portfolio

News Release: Flagship Healthcare Trust Acquires Lexington Kentucky Portfolio

Lexington, KY – January 3, 2019 –  Flagship Healthc­­are Trust, Inc. (“Flagship REIT”) announced that it has acquired the Lexington Clinic Portfolio in Lexington, Kentucky. The 144,247 square foot portfolio consists of five medical office buildings (“MOB”) fully leased by Lexington Clinic on a long-term basis. “As we expand into a new market, the acquisition of the […]

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: Welltower Agrees To Purchase 55 Medical Buildings From CNL Healthcare Properties

NEWS PROVIDED BY Welltower Inc.  Jan 02, 2019, 16:42 ET TOLEDO, Ohio and ORLANDO, Fla., Jan. 2, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) and CNL Healthcare Properties announced today that they have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 […]

News Release: NYCEDC Facilitates Over $130M in Bonds for Richmond University Medical Center

News Release: NYCEDC Facilitates Over $130M in Bonds for Richmond University Medical Center

January 2, 2019 – New York City Economic Development Corporation (NYCEDC) today announced the Build NYC board approval of $132 million in tax-exempt bonds to help fuel the modernization of Richmond University Medical Center (RUMC). The project, which has received funding from the City, Borough President James Oddo, Council Member Deborah Rose, Council Member Steven Matteo, […]

News Release: Omega Healthcare Investors to Acquire MedEquities Realty Trust

News Release: Omega Healthcare Investors to Acquire MedEquities Realty Trust

Anticipated annual FFO, AFFO and FAD accretion of approximately $0.05 per Omega share. Operator diversification will increase with 9 new operators. Property type diversification will increase non-skilled nursing assets modestly by $296 million, including $75 million invested in a hospital facility leased to a subsidiary of Baylor, Scott & White Health. Significant synergies expected. Omega […]