News Release: Diversified Healthcare Trust Sends Letter to Shareholders Highlighting Benefits of Pending Merger with Office Properties Income Trust
Explains that the Interests of Debt Holders Opposing the Merger are Not Aligned with Long Term Shareholders NEWTON, Mass. July 31, 2023–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has mailed a letter to shareholders in connection with the upcoming August 30, 2023, Special Meeting of DHC Shareholders related to the Company’s pending […]
News Release: Healthpeak Properties Reports Second Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock
NEWS PROVIDED BY Healthpeak Properties, Inc. 27 Jul, 2023, 16:15 ET DENVER, July 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced results for the second quarter ended June 30, 2023. SECOND QUARTER 2023 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.09 per […]
News Release: Diversified Healthcare Trust Announces Filing of Definitive Proxy Materials and Recommends Shareholders Vote “FOR” Merger with Office Properties Income Trust on the WHITE Proxy Card
Merger is the Best Available Opportunity for Long Term Value, Creating a Diversified REIT with a Quality Portfolio, Credit Tenant Base and Strong Growth Potential with an Immediate Dividend Schedules Special Meeting for Shareholders to Approve the Pending Merger for August 30, 2023 NEWTON, Mass., July 21, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today […]
News Release: CareTrust REIT Closes $45 Million of Investments in Skilled Nursing and Seniors Housing Facilities
SAN CLEMENTE, Calif., July 5, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it recently closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million. The investments include the acquisition of a skilled nursing facility as well as the funding of a mortgage loan secured by a […]
News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions
JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years. BOSTON, Jun. 29, 2023 – JLL CapitalMarkets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which will […]
News Release: Diversified Healthcare Trust Announces Event of Default Under $450 Million Credit Facility for Insufficient Collateral Value
Appraised Value of Collateral Properties Declined by 22% Working with Lenders to Obtain Waiver Through September 30th Merger with OPI is Best Alternative Available to DHC NEWTON, Mass., June 29, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]
News Release: Diversified Healthcare Trust Announces Event of Default Under $450 Million Credit Facility for Insufficient Collateral Value
Appraised Value of Collateral Properties Declined by 22% Working with Lenders to Obtain Waiver Through September 30th Merger with OPI is Best Alternative Available to DHC NEWTON, Mass., June 29, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]
News Release: CareTrust REIT Issues New Investor Presentation for NAREIT’s REITweek 2023 Conference
June 06, 2023 09:06 AM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT’s REITweek 2023 Investor Conference. The new presentation can be accessed under the “Events and Presentations” tab on the Investors page of CareTrust’s website, […]
News Release: Medical Properties Trust Posts New Investor Presentation
June 06, 2023 08:05 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a new investor presentation has been posted to its website in connection with the Company’s participation in Nareit’s REITweek Investor Conference. The presentation provides a detailed overview of MPT’s enduring value proposition, […]
News Release: LTC Closes $61.5 Million in New Investments; Transitions Eight-Property Portfolio
June 05, 2023 05:00 PM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”) a real estate investment trust that primarily invests in seniors housing and health care properties, today announced it has invested a total of $61.5 million in two transactions, and completed the previously disclosed transition of […]
News Release: CareTrust REIT Adds New Operator in West Coast Portfolio Acquisition
SAN CLEMENTE, Calif., June 2, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has worked together with a regional investor in healthcare real estate to facilitate the acquisition of a multi-facility portfolio of skilled nursing facilities located on the West Coast. As part of the transaction, CareTrust acquired three skilled nursing facilities on June […]
News Release: CareTrust REIT Acquires Two Memory Care Facilities with Experienced Operator
SAN CLEMENTE, Calif., June 2, 2023 –(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 105-unit, two-facility memory care portfolio with facilities located in Ohio and Michigan. The facilities will be operated by affiliates of Ridgeline Management Company under a new, 15-year master lease with CareTrust that includes two, 5-year extension options […]
News Release: CareTrust Expands in Texas with New Operator Relationship
SAN CLEMENTE, Calif., June 2, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 125-bed skilled nursing facility located in the greater Houston metropolitan area. The facility will be operated by an affiliate of Evergreen Health Group, LLC, a new tenant relationship for CareTrust. Evergreen Health Group is a Texas-based operator of […]
News Release: Healthcare Realty Trust Announces Stock Repurchase Authorization
NASHVILLE, Tenn., June 01, 2023 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced that its board of directors has authorized the repurchase of up to $500 million of the company’s Class A common stock. Repurchases may be made at management’s discretion from time to time on the open market, through privately negotiated transactions, […]
News Release: Office Properties Income Trust Commences the Implementation of its Financing Strategy for its Merger with Diversified Healthcare Trust with the Closing of a $30.7 Million Mortgage Loan
New Loan Secured by a Government Occupied Property in Landover, Maryland May 26, 2023 08:00 AM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Office Properties Income Trust (Nasdaq: OPI) today announced that it has commenced the implementation of its financing strategy for its merger with Diversified Healthcare Trust (Nasdaq: DHC) with the closing of a $30.7 million […]