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Post-Acute & Senior Living

News Release: Hicks Ventures Announces $100 Million Healthcare Development Joint Venture With Artemis Real Estate Partners

News Release: Hicks Ventures Announces $100 Million Healthcare Development Joint Venture With Artemis Real Estate Partners

Houston, TX (January 13, 2022) — Hicks Ventures, a Houston-based, privately held development company, signed a $100 million joint venture agreement with metropolitan Washington, DC-based Artemis Real Estate Partners (Artemis) to develop national Inpatient Rehabilitation Facilities (IRFs) and Behavioral Health Hospitals (BHHs). “This joint venture will give our Operator Partners surety of close and execution,” […]

News Release: SOLD - Inpatient Rehabilitation Hospital | Coralville, IA

News Release: SOLD – Inpatient Rehabilitation Hospital | Coralville, IA

SOLD Coralville Iowa Inpatient Rehabilitation Hospital Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of an inpatient rehabilitation hospital located in Coralville, IA. Mercy Iowa City Rehabilitation Hospital was recently constructed in 2020 in partnership Mercy Iowa City, an affiliate of MercyOne, and Kindred Healthcare to address […]

News Release: Senior Housing Occupancy Increases For Second Consecutive Quarter In Fourth Quarter Of 2021

News Release: Senior Housing Occupancy Increases For Second Consecutive Quarter In Fourth Quarter Of 2021

Senior housing occupancy increased for the second consecutive quarter and rose to 81.0% in the fourth quarter of 2021 in the Primary Markets, a 1.0 percentage point increase from the third quarter and a 2.3 percentage point increase from a pandemic-related low of 78.7% in the second quarter, according to new NIC MAP® data, powered […]

News Release: Rendina, Astrea Development and PAM Health Celebrate Construction Start of Rehabilitation Hospital in Jupiter, Fla.

News Release: Rendina, Astrea Development and PAM Health Celebrate Construction Start of Rehabilitation Hospital in Jupiter, Fla.

FOR IMMEDIATE RELEASE JUPITER, Fla., Dec. 15, 2021 – Rendina Healthcare Real Estate and Astrea Development recently began construction on a 42-bed licensed inpatient rehabilitation in Jupiter. Located in a desired section of Jupiter known as Abacoa, the 48,941-square-foot facility will be across the street to the south of Rendina’s headquarters on approximately 5 acres […]

News Release: NexCore Group Names Jeanette Allen VP Health and Wellness of its Experience Senior Living entity

News Release: NexCore Group Names Jeanette Allen VP Health and Wellness of its Experience Senior Living entity

FOR IMMEDIATE RELEASE Ms. Allen brings more than 30 years of senior living experience to the Denver-based real estate development firm, including roles at Balfour Senior Living, Senior Lifestyle Corp. and other firms DENVER, Dec. 8, 2021 – Denver-based NexCore Group, a national healthcare, life sciences and senior living real estate (HRE) developer, today announced […]

News Release: NexCore Group Names Industry Veteran Phillip Barklow as its President of Experience Senior Living

News Release: NexCore Group Names Industry Veteran Phillip Barklow as its President of Experience Senior Living

FOR IMMEDIATE RELEASE Mr. Barklow joins the Denver-based real estate development company as the latest chapter in a long and successful career in the senior living space, after roles at Balfour, Atria and other firms Phillip Barklow has joined NexCore Group as President of its Experience Senior Living entity DENVER, Nov. 9, 2021 – Denver-based […]

News Release: Welltower Reports Third Quarter 2021 Results

News Release: Welltower Reports Third Quarter 2021 Results

NEWS PROVIDED BY Welltower Inc.  Nov 04, 2021, 16:06 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.42 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share Seniors Housing Operating (“SHO”) portfolio occupancy increased approximately 210 […]

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 […]