News Release: Assisted living community near San Francisco trades for $39.2M
JLL Capital Markets led the sales efforts for Cortona Park on behalf of Northwestern Mutual SAN FRANCISCO, June 29, 2022 – JLL Capital Markets announced today that it has closed the $39.2 million sale of Cortona Park, an assisted living community in Brentwood, California. JLL represented the seller, Northwestern Mutual, in the sale of the […]
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: H2C Executes $35M in Financings for Regional Senior Living Owner/Operator
NEW YORK, June 27, 2022 — H2C Securities Inc. (“H2C”), a healthcare focused strategic advisory firm, served as the exclusive advisor to Mainstay Senior Living (“Mainstay”) to secure financing for a pipeline of acquisitions, ground-up development projects, and refinancings. Director Matthew Tarpley and Vice President Mitch Levine led the transactions for H2C. The […]
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: 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
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
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
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 […]