News Release: Just Closed – Refinance – Rehab Hospital (Mishawaka, Ind.)
CLOSED Cadence Capital Partners Secures $21,000,000 Refinancing Cadence Capital Partners is pleased to announce the closing of a $21,000,000 cash-out refinancing for the Rehabilitation Hospital of Northern Indiana, a recently delivered, 50,000 SF, 3-story, 40 bed rehab facility located in Mishawaka, IN. Cadence led financing efforts on behalf of the borrower, a South Bend-based real estate private equity firm, Great […]
News Release: Harrison Street Announces $1.6 Billion in Transformational Medical Office and Senior Housing Transactions
Highly Complex Transactions Comprising 40 Properties Across Eight States and Multiple Counterparties Highlights Harrison Street’s Sector Expertise, Deep Relationships, and Execution Ability June 08, 2021 12:00 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced it has entered into a series of […]
News Release: COVID’s differing effect on senior living facilities
ANALYSIS: 51% OF U.S. SENIOR LIVING FACILITIES EXPERIENCED NO COVID-19 DEATHS Mortality Corresponded With Average Acuity Level of Residents and Complexity of Caregiving ANNAPOLIS, Md. and CHICAGO, Ill. (June 3, 2021)—Fifty-one percent of senior housing properties experienced no COVID-19 deaths in 2020, according to an analysis by NORC at the University of Chicago (NORC) with […]
News Release: Ventas Reports 2021 First Quarter Results
May 07, 2021 06:55 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the first quarter ended March 31, 2021. “Our strong, diverse and high-quality portfolio delivered better than expected financial results in the first quarter, driven by outperformance in our Senior Housing Operating Portfolio (“SHOP”) and […]
News Release: Occupancy at U.S. skilled nursing facilities shows signs of stabilization
February NIC MAP® Data Tick Upward May 6, 2021, 4:30 ET — Occupancy at U.S. skilled nursing facilities increased to 71.2 percent in February 2021 compared to 70.7 percent from the previous month, according to NIC MAP® data prepared and released by NIC MAP Vision. This brought the occupancy rate back to its December 2020 […]
News Release: Diversified Healthcare Trust Announces First Quarter 2021 Results
First Quarter Net Loss Attributable to Common Shareholders of $0.28 Per Share First Quarter Normalized FFO Attributable to Common Shareholders of $0.02 Per Share May 05, 2021 04:30 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2021. “We are pleased that the […]
News Release: Sabra Reports First Quarter 2021 Results; Provides Business Update and 2Q 2021 Guidance
May 05, 2021 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced results of operations for the first quarter of 2021 and provided a business update and guidance for the second quarter of 2021. FIRST QUARTER 2021 RESULTS AND RECENT EVENTS Following are […]
News Release: New Senior Announces First Quarter 2021 Results
May 05, 2021 07:00 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 March 31, 2021. FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS Net loss of $7.6 million, or $(0.09) per diluted share Total same store net operating income (“NOI”) […]
News Releases: Omega Reports First Quarter 2021 Results and Recent Developments
Completed $611 Million in New Investments in Q1 Issued $700 Million 3.250% Notes due 2033 in Q1 Repurchased $350 Million of 4.375% Notes due 2023 in Q1 Closed New $1.45 Billion Unsecured Credit Facility in Q2 May 03, 2021 04:30 PM Eastern Daylight Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” […]
News Release: Welltower Partners with Safanad-led Investment Group to Recapitalize HC-One
NEWS PROVIDED BY Welltower Inc. Apr 28, 2021, 16:18 ET TOLEDO, Ohio, April 28, 2021 /PRNewswire/ — Welltower®Inc (NYSE: WELL) today announced that it has partnered with a Safanad-led investment group to recapitalize HC-One, the largest UK-based seniors housing operating platform. This recapitalization will de-leverage HC-One, extend its debt maturity by five years and inject significant […]
News Release: Universal Health Realty Income Trust Reports 2021 First Quarter Financial Results
Consolidated Results of Operations – Three-Month Periods Ended March 31, 2021 and 2020: NEWS PROVIDED BY Universal Health Realty Income Trust Apr 26, 2021, 16:20 ET KING OF PRUSSIA, Pa., April 26, 2021 /PRNewswire/ — Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2021, net income was $5.6 million, or $.41 per diluted share, […]
News Release: U.S. Senior Housing Occupancy Reaches New Low
4:30 p.m. EDT Thurs., April 8 Senior housing occupancy in the United States reached a record low of 78.8 percent in the first quarter of 2021, falling 1.8 percentage points from the last quarter of 2020 and 8.7 percentage points from a year ago, according to new NIC MAP® data, powered by NIC MAP Vision. […]
News Release: NIC acquires VisionLTC to create data powerhouse for senior housing and skilled nursing sectors
FOR IMMEDIATE RELEASE: Thursday, March 11, 2021 NIC MAP Vision brings data needed by investors, operators and others together under one brand The National Investment Center for Seniors Housing & Care (NIC) has acquired Raleigh, NC-based VisionLTC, a leading data analytics platform serving many of the industry’s largest and most advanced stakeholders. Together, NIC and […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Mar 02, 2021, 18:40 ET TOLEDO, Ohio, March 2, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued an update on Seniors Housing Operating Portfolio trends and recent strategic transactions. The presentation can be found at: https://welltower.com/march-business-update About WelltowerWelltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with […]
News Release: Welltower Announces Substantial Exit of Genesis HealthCare Operating Relationship
– Through mutually beneficial transactions Welltower will substantially exit its real estate relationship with Genesis HealthCare at attractive valuations – Real estate transactions total $880 million in value, representing $144,000 per bed – Welltower to recognize 8.5% unlevered IRR over full term of Genesis HealthCare relationship – Significant opportunity to create additional value for shareholders […]