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Post-Acute & Senior Living

News Release: MidCap Financial Closes First Mortgage Loan on 92-Unit Seniors Housing Community on St. Simon’s Island, GA

News Release: MidCap Financial Closes First Mortgage Loan on 92-Unit Seniors Housing Community on St. Simon’s Island, GA

PRESS RELEASE BETHESDA, MD, October 5, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with Winterpast Capital Partners, Broadview Real Estate Partners and Vitality Senior Living. The $14.25MM floating rate first mortgage loan facilitated the acquisition and repositioning of Vitality at Frederica, […]

News Release: H2C Secures Construction Debt for Development of IRF and LTACH

News Release: H2C Secures Construction Debt for Development of IRF and LTACH

NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor to a privately held joint venture that is developing a 62-bed, 74,640- square-foot inpatient rehabilitation facility (“IRF”) and long-term acute care hospital (“LTACH”) in Miamisburg, Ohio, to be known as ”Post Acute Medical of […]

News Release: SRS National Net Lease Group Announces Sale of Conviva Care Center in West Palm Beach

News Release: SRS National Net Lease Group Announces Sale of Conviva Care Center in West Palm Beach

Fort Lauderdale, FL (October 4, 2021) — SRS Real Estate Partners’ National Net Lease Group (NNLG) announced it has completed the sale of a freestanding Conviva Care Center, located at 5799 Lake Worth Road in Greenacres, FL. Conviva is a subsidiary of Humana Inc. a leading provider of senior-focused primary health care in Florida and […]

News Release: Ventas Completes Acquisition of New Senior Investment Group Inc.

News Release: Ventas Completes Acquisition of New Senior Investment Group Inc.

September 21, 2021 08:56 AM Eastern Daylight Time CHICAGO & NEW YORK–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas”) and New Senior Investment Group Inc. (“New Senior”) today announced that Ventas has completed its acquisition of New Senior in an all-stock transaction (the “Transaction”), valued at approximately $2.3 billion, including New Senior debt assumed or repaid by […]

News Release: CareTrust REIT Announces Second Quarter 2021 Operating Results

News Release: CareTrust REIT Announces Second Quarter 2021 Operating Results

Conference Call Scheduled for Friday, August 6, 2021 at 1:00 pm ET August 05, 2021 16:12 ET | Source: CareTrust REIT, Inc. SAN CLEMENTE, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended June 30, 2021, as well as other recent events. For the quarter, CareTrust REIT reported: […]

News Release: New Senior Announces Second Quarter 2021 Results

News Release: New Senior Announces Second Quarter 2021 Results

July 30, 2021 07:30 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE: SNR) announced today its results for the quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTS Net loss of $13.3 million, or $(0.16) per diluted share Total net operating income (“NOI”) of $29.4 […]

News Release: LTC Reports 2021 Second Quarter Results and Discusses Recent Activities

News Release: LTC Reports 2021 Second Quarter Results and Discusses Recent Activities

July 29, 2021 04:15 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 operating results for the second quarter ended June 30, 2021. Net income available to common stockholders was $18.1 […]

Ivy Park at Otay Ranch

News Release: Welltower and Oakmont Management Group Announce Strategic Joint Venture Partnership

NEWS PROVIDED BY Welltower Inc. Jul 29, 2021, 16:01 ET TOLEDO, Ohio, July 29, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced the expansion of its relationship with Oakmont Management Group (“Oakmont”). Through the acquisition of new management contracts, the partnership is expected to roughly double the size of Welltower and Oakmont’s existing portfolio by […]

News Release: The Sanders Trust Completes Development Of 50,000 Square Foot Anderson Rehabilitation Institute

News Release: The Sanders Trust Completes Development Of 50,000 Square Foot Anderson Rehabilitation Institute

FOR IMMEDIATE RELEASE July 27, 2021 New Inpatient Rehabilitation Facility Located in Illinois Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the construction completion of Anderson Rehabilitation Institute, an inpatient rehabilitation hospital in Edwardsville, Illinois. The Sanders Trust was selected as […]

News Release: Effects Of Pandemic Continue To Impact U.S. Senior Housing Occupancy 

News Release: Effects Of Pandemic Continue To Impact U.S. Senior Housing Occupancy 

Occupancy Unchanged as Inventory Increased in Second Quarter Senior housing occupancy remained flat in the second quarter of 2021, holding at 78.7 percent, according to new NIC MAP® data, powered by NIC MAP Vision. Though COVID-19 cases in senior living properties dropped significantly in the last quarter, occupancy has not turned the corner, largely due to new inventory coming online. Despite unchanged occupancy, demand for senior […]

News Release: Vibra Healthcare Announces Plans to Establish New Hospital in Palm Beach County, Florida

News Release: Vibra Healthcare Announces Plans to Establish New Hospital in Palm Beach County, Florida

Over $32 million investment and 160 jobs planned MECHANICSBURG, Pa. and PALM BEACH COUNTY, Fla., July 1, 2021 – Vibra Healthcare (“Vibra”), a national specialty healthcare provider, plans to construct a freestanding specialty hospital in Palm Beach County, Florida. Vibra has selected a site in Bethesda Health City, Boynton Beach, for the development of the […]

News Release: MidCap Financial Closes First Mortgage Loan on a Five-Property Sonata Seniors Housing Portfolio

News Release: MidCap Financial Closes First Mortgage Loan on a Five-Property Sonata Seniors Housing Portfolio

PRESS RELEASE BETHESDA, MD, June 29, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The $46,000,000 floating rate first mortgage loan facilitated the acquisition of a portfolio of five seniors housing […]

News Release: Ventas to Acquire New Senior Investment Group in All Equity $2.3 Billion Transaction

News Release: Ventas to Acquire New Senior Investment Group in All Equity $2.3 Billion Transaction

Positions Ventas to capture powerful senior housing upside at cyclical inflection point Adds high quality independent living portfolio in advantaged markets with positive supply demand fundamentals Builds on existing relationships with leading operators and deep experience in independent living Attractive valuation and accretive transaction June 28, 2021 09:02 AM Eastern Daylight Time CHICAGO & NEW […]

News Release: UC Davis Medical Center, Kindred Healthcare and PMB to develop new inpatient rehabilitation facility in Sacramento

News Release: UC Davis Medical Center, Kindred Healthcare and PMB to develop new inpatient rehabilitation facility in Sacramento

FOR IMMEDIATE RELEASE The 52-bed UC Davis Health Rehabilitation Hospital will meet the growing community need for more rehabilitation services and allow UC Davis to free up acute care space in its main hospital SACRAMENTO and SAN DIEGO, Calif., June 24, 2021 – Kindred Healthcare LLC and the University of California Davis Medical Center announced […]

News Release: Welltower to Acquire Holiday Retirement's 86-Property Seniors Housing Portfolio for $1.58 billion in conjunction with Atria's Acquisition of Holiday Atria Senior Living to Acquire Holiday Retirement

News Release: Welltower to Acquire Holiday Retirement’s 86-Property Seniors Housing Portfolio for $1.58 billion in conjunction with Atria’s Acquisition of Holiday Atria Senior Living to Acquire Holiday Retirement

NEWS PROVIDED BY Welltower Inc. Jun 21, 2021, 16:16 ET TOLEDO, Ohio, June 21, 2021 /PRNewswire/ — Transaction is expected to be immediately accretive to Welltower’s next twelve months normalized funds from operations by approximately $0.10 per diluted share; Welltower expects an unlevered IRR in the low double-digit range Portfolio is valued at $152,000 per unit, […]