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 […]
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
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
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 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
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
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
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
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 […]
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
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 […]
News Release: The Sanders Trust Breaks Ground on 150-Bed Behavioral Health Hospital
FOR IMMEDIATE RELEASE April 19, 2022 New 123,230-sq. ft. Facility Located in Massachusetts Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the groundbreaking of Baystate Behavioral Health Hospital in Holyoke, Massachusetts. The Sanders Trust was selected as the owner and developer […]
News Release: Experience Senior Living Development Announces New Community in Richmond, Virginia
Construction has commenced on 103 units, consisting of 79 assisted living and 24 memory care units, in Atlee, near Richmond. The community will be the first to be operated by Experience Senior Living. RICHMOND, VA. AND DENVER, COLO. (PRWEB) APRIL 26, 2022 Experience Senior Living Development (ESLD), a NexCore-owned company, announced today that it plans […]
News Release: Experience Senior Living Development And Stellar Senior Living Announce New Development In Spokane
FOR IMMEDIATE RELEASE The Gallery at Spokane will offer 137 upscale units including independent living, assisted living and memory care Spokane, WA (March 4, 2022) – Stellar Senior Living, a Utah-based, family owned and operated senior living provider, and Experience Senior Living Development (ESLD), a Denver-based senior housing developer, announced the second development of their […]
News Release: Omega Issues Business Update in Conjunction With the Credit Suisse Inaugural Healthcare REIT Summit
April 04, 2022 04:30 PM Eastern Daylight Time HUNT VALLEY, Maryland–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) announced today that it has revised the COVID-19 Update slides of its investor presentation in conjunction with the Credit Suisse Inaugural Healthcare REIT Summit. The presentation can be found at https://www.omegahealthcare.com/investor-relations/news-and-market-data/presentations. The revised COVID-19 Update slides are on […]