News Release: Community Healthcare Trust Announces Results For The Three Months Ended December 31, 2020
FRANKLIN, Tenn., Feb. 16, 2021 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced results for the three months ended December 31, 2020. The Company reported net income for the fourth quarter of approximately $5.2 million, or $0.21 per diluted common share. Funds from operations and adjusted funds from operations (“AFFO”) for the three months ended December 31, 2020 totaled $0.53 and $0.56, respectively, […]
News Release: Omega Reports Fourth Quarter 2020 Results and Recent Developments
Company Release – February 04, 2021 15:30 Completed a $510 Million Acquisition in January 2021 Completed $98 Million in New Investments in Q4 Issued $153 Million of Equity in Q4 Issued $700 Million 3.375% Notes due 2031 in Q4 HUNT VALLEY, Md.–(BUSINESS WIRE)– Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) today announced its results for the quarter and the year […]
News Release: Catalyst HRE breaks ground on a 45,000 SF Inpatient Rehabilitation Facility in Georgetown, Delaware
Pensacola, Florida (February 3, 2021) Catalyst Healthcare Real Estate (“Catalyst HRE”), a national healthcare real estate developer, announces the development of a 45,000 square foot inpatient rehabilitation facility (‘IRF’) in Georgetown, Delaware. The facility will capture referrals from three of the four acute care hospitals in Delaware and will be 100% pre-leased to Post Acute […]
News Release: Health Care M&A Volume Roared Back in Q4:2020, According to HealthCareMandA.com
NEW CANAAN, CONN. (PRWEB) JANUARY 20, 2021 Health care merger and acquisition activity surged in the fourth quarter of 2020, reflecting the usual rush to close transactions before the end of the year but also the pent-up demand in some sectors previously battered by the slowdown caused by the coronavirus pandemic. Health care merger and […]
News Release: MedProperties Realty Advisors LLC acquires PAM Inpatient Rehab Facility (IRF) in Fargo, N.D.
FOR IMMEDIATE RELEASE Situated in a growing market, the 57,000-square-foot, 42-bed hospital is the only stand-alone IRF in the state, serving all of North Dakota as well as Minnesota and South Dakota FARGO, N.D., and DALLAS, Jan. 20, 2021 – MedProperties Fund III has acquired the 42-bed, 57,000-square-foot PAM Inpatient Rehab Facility in Fargo. MedProperties […]
News Release: Aegis Living and Blue Moon Acquire 10 Communities, $350M+ in Senior Living Real Estate
Second joint venture for the companies and largest transaction to date, expanding relationship and supporting Aegis Living’s ambitious growth plans amid COVID-19 pandemic January 12, 2021 (Bellevue, Wash.) — Aegis Living, a leading provider of assisted living and memory care, and Blue Moon Capital Partners LP (“Blue Moon”), a prominent senior housing private equity investor, […]
News Release: Cushman & Wakefield secures $29.8m construction financing for 97-apartment Benchmark assisted living & memory care community
HANOVER, MA, Jan. 11, 2021 – Cushman & Wakefield announced today that the real estate services firm’s Senior Housing Capital Markets team exclusively advised a joint venture between Benchmark Senior Living and Iron Point Partners, LLC, securing a $29.8 million construction loan for the development of Benchmark of Hanover, a 97-apartment assisted living and memory […]
News Release: Cushman & Wakefield sells fully entitled senior housing development site in upscale Denver suburb
DENVER, Jan. 11, 2021 – Cushman & Wakefield announced today that the real estate services firm’s Senior Housing Capital Markets team has arranged the sale of a high quality, urban infill development site in the affluent Cherry Creek suburb of Denver, CO. The fully entitled site was purchased by Ryan Companies, Cadence Living and Harrison […]
News Release: Cushman & Wakefield Senior Housing arranges acquisition financing in Phoenix, Arizona
PHOENIX, Jan. 11, 2021 –– Cushman & Wakefield announced today that, as exclusive advisor to a joint venture between Harrison Street Real Estate and Stellar Senior Living, the real estate services firm’s Senior Housing Capital Markets team has arranged acquisition financing for Heritage Sun City, a 211-unit independent and assisted living community located in the […]
News Release: Cushman & Wakefield Senior Housing arranges acquisition financing for Harrison Street & LCB Senior Living in New Jersey
PHILADELPHIA, Jan. 11, 2021 – Cushman & Wakefield announced the real estate services firm’s Senior Housing Capital Markets team served as the exclusive advisor to a joint venture between Harrison Street and LCB Senior Living, LLC to secure the acquisition financing of a portfolio of three senior housing assets in New Jersey. The portfolio totals […]
News Release: Cushman & Wakefield Senior Housing completes the first of three Florida skilled nursing property sales totaling $118 million
TAMPA, FL, Jan. 11, 2021 –– Cushman & Wakefield announced today that the real estate services firm has completed the sale of Lutz Healthcare and Rehab, a 120-bed skilled nursing facility built in 2011, which is located in Lutz, a suburb in Hillsborough County within the Greater Tampa Bay MSA in Florida. The closing represents […]
News Release: Cushman & Wakefield Senior Housing Arranges Refinancing Of San Antonio’s Newest Community
SAN ANTONIO, Dec. 14, 2020 – Cushman & Wakefield has arranged the refinancing of a luxury full-continuum senior housing community in the upscale Alamo Heights neighborhood of San Antonio on behalf of Harrison Street and Franklin Park Senior Living. “Our team was happy to be able to secure this financing solution for a tremendous client […]
News Release: Capital Senior Living Commences Planned Community Transitions, Reducing Long-Term Liabilities and Improving Net Operating Income
December 08, 2020 08:00 ET | Source: Capital Senior Living Corporation DALLAS, Dec. 08, 2020 (GLOBE NEWSWIRE) — Capital Senior Living Corporation (the “Company”) (NYSE: CSU) announced it has completed the operational transfer of its independent living community in Deer Park, Texas, to Fannie Mae, the holder of the community’s non-recourse debt. The Deer Park community is the […]
News Release: WB Development Partners and New Era Companies Break Ground on a New Inpatient Rehabilitation Hospital in Greenfield, WI
Nobis Rehabilitation Partners Will Manage the Operations of the Inpatient Rehab Hospital MILWAUKEE (PRWEB) NOVEMBER 24, 2020 WB Development Partners and New Era Companies, two innovative companies partnering together in the healthcare development sector, recently purchased land at 3200 S. 103rd St., Greenfield, Wisconsin. The Milwaukee Rehabilitation Hospital at Greenfield’s design is a three-story model […]
News Release: NIC’s Skilled Nursing COVID-19 Tracker Shows Worrying Pace of Cases Across the U.S.
By: Omar Zahraoui | November 18, 2020 Since May 31, 2020, NIC has been publishing a regular updated weekly surveillance report on the incidence of COVID-19 cases among residents in our nation’s nursing care properties. Using raw data collected and reported by the Centers for Medicare & Medicaid Services (CMS), NIC’s Skilled Nursing COVID-19 Tracker (Tracker) reports […]