Post-Acute & Senior Living: HCP details plan to reduce its Brookdale portfolio, both operating and triple-net
LONG BEACH, Calif. – Long Beach-based HCP Inc. (NYSE: HCP), announced Nov. 2 that it has completed several transactions with Brentwood,
Post-Acute & Senior Living: Welbrook Senior Living starts its second transitional rehab facility in New Mexico
FARMINGTON, N.M. – El Segundo, Calif.-based Welbrook Senior Living recently started construction on its second transitional rehabilitation facility in New Mexico.
Post-Acute & Senior Living: Chicago firm acquires three assisted living, memory care properties in Greater Dallas
GREATER DALLAS – The Dallas Business Journal reported Nov. 20 that Chicago-based CA Ventures and its CA Senior Living LLC have agreed to acquire three properties in suburbs north of Dallas.
Post-Acute & Senior Living: MorningStar and Confluent break ground for 85-suite senior living community in Santa Fe, N.M.
SANTA FE, N.M. –In more New Mexico news, Morning Star Senior Living and Confluent Senior Living recently broke ground for a new senior living community on four acres in Santa Fe.
News Release: Avison Young Arranges Sale of Assisted Living Community in Maryland
PERRY HALL, Md. (Dec. 14) – Avison Young announced today that it has arranged the sale of Quail Run Assisted Living, a 64-unit community in Perry Hall, Md. Birchwood Health Care Properties purchased the assisted living-memory care community. Representing the seller were Avison Young’s Dan Baker, vice president, and Jim Kornick, principal. The owner and […]
News Release: Ryan Companies Breaks Ground on New Senior Living Community in Addison, Illinois
NAPERVILLE, IL (DEC 16, 2017) LCS®, Harrison Street Real Estate Capital and Ryan Companies US, Inc. announce the start of construction of the partnerships third new senior living community in 2017, Clarendale of Addison. The $45M project will provide the same Class A continuum of care as other Clarendale communities, which include; independent living residences, […]
News Release: H2C Advises Phoebe Putney Health System on its Sale of Phoebe Senior Living at Morningside to Care Investment Trust
FOR IMMEDIATE RELEASE NEW YORK — December 15, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare focused strategic advisory and investment banking firm, served as the exclusive financial advisor to Phoebe Putney Health System (“Phoebe”) on the sale of Phoebe Senior Living at Morningside (“Morningside” or the “Community”) to Care Investment Trust (“CIT”), a real estate […]
News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter
Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series FOR IMMEDIATE RELEASE: December 14, 2017 Contact: Biba Aidoo, (443) 926-3181 or communications@nic.org Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show […]
News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter
FOR IMMEDIATE RELEASE: December 14, 2017 Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show that skilled nursing property occupancy […]
News Release: HFF announces sale of and financing for Phoenix-area seniors housing community
DALLAS, TX – December 13, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and financing for The Heritage Tradition, a 303-unit, Class A+ seniors housing community in the Del Webb master planned community of Sun City West, Arizona. The HFF team marketed the property on behalf of the undisclosed seller, and procured […]
News Release: Just closed: CenterPointe Behavioral Hospital Construction Financing
Just closed: CenterPointe Behavioral Hospital Construction Financing The JLL Healthcare Capital Markets Group is pleased to secure the construction-to-permanent financing of a 72-bed, full-service behavioral hospital for CenterPointe Behavioral Health System in Columbia, Missouri. The 56,305 rentable square foot multi-specialty behavioral hospital, CenterPointe Columbia, will provide a full continuum of care for adults and adolescents. The […]
News Release: Sheltering Arms Purchases Land for New Facility
Posted on: December 4, 2017 by Robert Moss CBRE|Richmond is pleased to announce the sale of 25.1 acres on Wilkes Ridge Parkway in Goochland County, Va to Sheltering Arms Physical Rehabilitation Centers for $7,906,500. The sellers were North Gayton Company LLP, PWC Properties, LLC, and Riverstone Properties. Trib Sutton and Malcolm Randolph represented Sheltering Arms […]
Post-Acute & Senior Living:Few changes to top operators list
Brookdale is still No. 1 by far on the list of the 10 largest senior living providers By Murray W. Wolf Despite what seems like almost constant change in the senior living sector, at least one thing hasn’t changed – at least not much.
Post-Acute & Senior Living: Norvin Healthcare Properties sells rehab hospital in Texas; JLL brokers transaction
The national Healthcare Capital Markets Group with Chicago-based Jones Lang LaSalle Inc. (NYSE: JLL) recently facilitated the sale of the Central Texas Rehabilitation Hospital in Austin.
Post-Acute & Senior Living: Vibra Healthcare plans 50-bed inpatient rehabilitation hospital in Sacramento, Calif
Mechanicsburg, Pa.-based Vibra Healthcare LLC announced in early October that it entered an agreement to develop a two-story, 59,506 square foot inpatient rehabilitation hospital in Sacramento.