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Post-Acute & Senior Living

News Release: Inspirit Senior Living and Venue Capital Add to Tennessee Senior Living Portfolio

MCLEAN, Va., June 27, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) co-sponsored a joint venture to acquire a portfolio of two properties located in the Knoxville, Tennessee MSA. Formerly operated by a national operator, these new Inspirit Senior Living communities are now individually recognized as Rain Forest Landings in Knoxville, TN, […]

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

Hamilton, NJ – June 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton, New Jersey. The final sale price was $97,500,000. The community, which was leased to nearly 100% occupancy […]

News Release: Ascension Saint Thomas and Kindred Rehabilitation Services Open New Rehabilitation Hospital in Nashville

News Release: Ascension Saint Thomas and Kindred Rehabilitation Services Open New Rehabilitation Hospital in Nashville

40-bed specialty hospital will offer advanced inpatient rehabilitation services to meet the growing needs of Middle Tennesseans. June 17, 2022 01:15 PM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Ascension Saint Thomas and Kindred Rehabilitation Services, a business unit of Brentwood, Tennessee-based LifePoint Health, today opened Ascension Saint Thomas Rehabilitation Hospital at 310 21st Avenue North on […]

News Release: Arroyo Grande Community Hospital Partners with Kindred Rehabilitation Services for New Inpatient Rehabilitation Hospital

News Release: Arroyo Grande Community Hospital Partners with Kindred Rehabilitation Services for New Inpatient Rehabilitation Hospital

New facility will double the occupancy of the current rehabilitation center June 13, 2022 12:30 PM Eastern Daylight Time ARROYO GRANDE, Calif.–(BUSINESS WIRE)–Arroyo Grande Community Hospital (AGCH) and Kindred Rehabilitation Services (KRS), a business unit of LifePoint Health, today announced a joint venture to build and operate a new inpatient rehabilitation hospital on Dignity Health’s […]

News Release: Sabra and Sienna Complete Acquisition of High-Quality Canadian Senior Housing Portfolio

News Release: Sabra and Sienna Complete Acquisition of High-Quality Canadian Senior Housing Portfolio

May 17, 2022 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra”, the “Company”) (Nasdaq: SBRA) announced that Sabra, pursuant to its joint venture with Sienna Senior Living (“Sienna”) (TSX: SIA), has completed the previously announced acquisition of a high-quality Canadian senior housing portfolio for a total consideration of C$307.5 million […]

Tampa General Hospital and Kindred Healthcare open the TGH Rehabilitation Hospital, an 80-bed, 80,000-square-foot freestanding rehabilitation hospital located on Kennedy Boulevard in Tampa’s growing medical district. The new hospital offers advanced inpatient rehabilitation services for patients recovering from debilitating injuries, illnesses, surgeries and chronic medical conditions.

News Release: Tampa General Hospital and Kindred Rehabilitation Services Open New Rehabilitation Hospital as Part of the Expanding Medical and Research District

A joint venture, the freestanding inpatient rehabilitation hospital offers advanced services to better meet the growing needs of the Tampa Bay region. May 16, 2022 02:33 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Tampa General Hospital (TGH) and Kindred Rehabilitation Services (KRS), a business unit of LifePoint Health, today opened the TGH Rehabilitation Hospital, a new […]

News Release: NexCore Group Adds Two Industry Veterans to Experience Senior Living

News Release: NexCore Group Adds Two Industry Veterans to Experience Senior Living

FOR IMMEDIATE RELEASE Expansion of the healthcare real estate firm’s seniors housing entity continues, adding seasoned executives: Andrew Brainard and Brandi Williamson DENVER, May 12, 2022 – Denver-based NexCore Group, a national healthcare real estate (HRE) developer, today announced the addition of two seniors housing industry veterans to Experience Senior Living (ESL). Andrew Brainard will […]

News Release: LTC Closes $36 Million Investment in Four-Property Assisted Living Portfolio and Land Parcel

News Release: LTC Closes $36 Million Investment in Four-Property Assisted Living Portfolio and Land Parcel

May 12, 2022 09:30 AM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced a $36.0 million investment for the refinancing of debt on four assisted living communities and a land parcel. The four assisted living […]

News Release: Welltower Announces Expansion of Strategic Partnership with Oakmont Management Group

News Release: Welltower Announces Expansion of Strategic Partnership with Oakmont Management Group

NEWS PROVIDED BY Welltower Inc. May 10, 2022, 16:05 ET TOLEDO, Ohio, May 10, 2022 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) or the “Company” today announced the deepening of its strategic partnership with Oakmont Management Group (“Oakmont”), a leading West Coast operator of Class A communities focused on specialized resident health and wellness programming. The Company […]

News Release: Ventas and Sunrise Senior Living Revise Management Agreement to Capitalize on Senior Housing Recovery

News Release: Ventas and Sunrise Senior Living Revise Management Agreement to Capitalize on Senior Housing Recovery

Mutually Beneficial Agreement to Incentivize Accelerated NOI Performance at 92 Ventas Senior Housing Communities Operated by Sunrise Advances Ventas’s Right Asset, Right Market, Right Operator TM Senior Housing Strategy May 05, 2022 04:57 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) announced today that it has entered into a revised, […]

News Release: Sabra Reports First Quarter 2022 Results; Provides Business Update

News Release: Sabra Reports First Quarter 2022 Results; Provides Business Update

May 04, 2022 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the first quarter of 2022. In addition, the Company provided a business update. FIRST QUARTER 2022 RESULTS AND RECENT EVENTS Results per diluted common share for […]

News Release: Regional Health Properties, Inc. Announces Convening and Adjournment of Special Meeting, Information for Reconvened Special Meeting and Extension of Exchange Offer

News Release: Regional Health Properties, Inc. Announces Convening and Adjournment of Special Meeting, Information for Reconvened Special Meeting and Extension of Exchange Offer

May 03, 2022 08:00 AM Eastern Daylight Time ATLANTA–(BUSINESS WIRE)–Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHE-PA) (“RHE” or the “Company”), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, convened its special meeting (the “Special Meeting”) of the holders of its […]

News Release: Omega Reports First Quarter 2022 Results and Recent Developments

News Release: Omega Reports First Quarter 2022 Results and Recent Developments

Completed $142 Million in New Investments Completed the Gulf Coast Portfolio Asset Sale for $318 Million May 02, 2022 04:30 PM Eastern Daylight Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2022. The Company reported net income for the […]

construction of the $48 million new-build Bakersfield inpatient rehabilitation hospital for Ernest was completed and added to the rent paying portfolio, and an additional £96 million was invested in the Priory relationship.

News Release: Medical Properties Trust, Inc. Reports First Quarter Results (2022)

Per Share Net Income of $1.05 and Normalized FFO of $0.47 in First Quarter 12% Growth in Per Share NFFO Versus Prior-Year Quarter Acquisitions, Dispositions and Macquarie Partnership Consistent with Accretive Capital Recycling Strategy April 28, 2022 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today […]

News Release: PMB & The Springs Living Break Ground on a 360,000 SF | 12-Story Senior Living Facility on the Vancouver (Wash.) Waterfront

News Release: PMB & The Springs Living Break Ground on a 360,000 SF | 12-Story Senior Living Facility on the Vancouver (Wash.) Waterfront

FOR IMMEDIATE RELEASE This project is part of a 32-acre master plan on the Columbia River that will provide a differentiated seniors living community alongside parks, restaurants, retail, apartments, hotels and waterfront open-space. VANCOUVER, WASH., Apr. 27, 2022 – A celebratory groundbreaking ceremony took place on Tuesday, April 19, 2022, to mark the commencement of […]