News Release: CareTrust REIT Acquires Two Illinois Memory Care Facilities with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan area. The facilities will be operated by affiliates of Chapters Living, LLC, a new operator relationship for CareTrust. Chapters Living is a seniors housing and memory care […]
News Release: CareTrust REIT Grows in Georgia with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area. The acquisition represents CareTrust’s second skilled nursing facility in the State of Georgia. Concurrently with the acquisition, CareTrust has entered into a new tenant relationship with Elevation […]
News Release: CommonSpirit Completes Purchase of Steward’s Utah Operations
May 01, 2023 05:52 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the commencement of its master lease with CommonSpirit Health (“CommonSpirit”) through CommonSpirit’s wholly owned subsidiary of Catholic Health Initiatives Colorado (“CHIC”), to operate five general acute care hospitals in Utah. CommonSpirit, recognized as […]
News Release: JLL Income Property Trust Fully Subscribes $200 Million Diversified DST Portfolio
CHICAGO, May 1, 2023 /PRNewswire/ — JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $7 billion in portfolio assets, announced today that it has fully subscribed JLLX Diversified II, DST. The five-property, $200 million diversified portfolio was structured as a Delaware Statutory Trust designed to provide 1031 exchange […]
News Release: H2C Advises Summit Development on Monetization of Westchester Medical Office Building
H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as advisor to Summit Development LLC (“Ownership”) on the monetization of The Medical Offices at Chappaqua Crossing (the “Property”). In a transaction led by H2C Executive Director Matthew Tarpley, the Property sold for $40.0 Million. The ±490,000-square foot Property, which originally served as the Global […]
News Release: VMG Health Acquires BSM Consulting, a Healthcare Consulting Firm
May 01, 2023 08:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–VMG Health, a leading full-service healthcare strategy and transaction advisory firm, is pleased to announce it has acquired BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). […]