News Release: LTC Closes $61.5 Million in New Investments; Transitions Eight-Property Portfolio
June 05, 2023 05:00 PM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”) a real estate investment trust that primarily invests in seniors housing and health care properties, today announced it has invested a total of $61.5 million in two transactions, and completed the previously disclosed transition of […]
News Release: CareTrust REIT Adds New Operator in West Coast Portfolio Acquisition
SAN CLEMENTE, Calif., June 2, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has worked together with a regional investor in healthcare real estate to facilitate the acquisition of a multi-facility portfolio of skilled nursing facilities located on the West Coast. As part of the transaction, CareTrust acquired three skilled nursing facilities on June […]
News Release: CareTrust REIT Acquires Two Memory Care Facilities with Experienced Operator
SAN CLEMENTE, Calif., June 2, 2023 –(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 105-unit, two-facility memory care portfolio with facilities located in Ohio and Michigan. The facilities will be operated by affiliates of Ridgeline Management Company under a new, 15-year master lease with CareTrust that includes two, 5-year extension options […]
News Release: The Sanders Trust Breaks Ground on $48 Million Inpatient Rehabilitation Hospital
New 60,500-sq. ft. Facility Located in Florida Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for a new $48 million inpatient rehabilitation hospital, Northwest Florida Rehabilitation Hospital in Jacksonville, FL. The Sanders Trust was selected as the developer […]
News Release: First Citizens Provides $30 Million in Financing for Amavida Living Community in Florida
NEW YORK — May 17, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida. Amavida is a 387-unit senior housing community consisting of 251 independent-living units, 113 assisted-living units and 23 memory care units. The […]
News Release: Walker & Dunlop Seniors Housing Team Closes Over $280 Million in Q1 2023
May 15, 2023 06:30 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop Inc.’s seniors housing team, led by Mark Myers, Joshua Jandris, Brett Gardner, Tony Cassie, and Gideon Orion, started 2023 strong, closing six deals totaling over $280 million. Despite the challenging market environment, the seniors housing team has maintained its performance, demonstrating its capacity to use transactional experience […]
News Release: CareTrust REIT Acquires Two Illinois Memory Care Facilities with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan area. The facilities will be operated by affiliates of Chapters Living, LLC, a new operator relationship for CareTrust. Chapters Living is a seniors housing and memory care […]
News Release: CareTrust REIT Grows in Georgia with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area. The acquisition represents CareTrust’s second skilled nursing facility in the State of Georgia. Concurrently with the acquisition, CareTrust has entered into a new tenant relationship with Elevation […]
News Release: CareTrust REIT Grows in Texas and Expands into Kansas with New Operator
April 03, 2023 05:02 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson, a 178-bed facility located in Burleson, Texas, and AdventHealth Care Center Overland Park, a 102-bed facility located in Overland Park, Kansas. The Overland Park facility represents […]
News Release: Holladay Announces Hospital Lease with Select Medical
3/29/23 Sand Lake Select Medical Hospital Lease Orlando Florida Holladay Properties has announced that Select Medical has signed a long-term lease for its 72,000-square-foot property located at 7450 Sand Lake Commons Blvd in Orlando, FL. “Select Medical services patients with critical and complex healthcare needs. We are honored that our facility was chosen,” said Jeff […]
News Release: Reunion Rehabilitation Hospital Arlington Announces Grand Opening
The new state-of-the-art inpatient rehabilitation hospital has opened its doors to the Arlington community. March 28, 2023 10:50 ET | Source: Reunion Rehabilitation Hospital ARLINGTON, Texas, March 28, 2023 (GLOBE NEWSWIRE) — Today, Reunion Rehabilitation Hospitals, a state-of-the-art system of inpatient rehabilitation hospitals, announced the grand opening of its Arlington location. At Reunion, rehabilitation specialists […]
News Release: LTC to Diversify Portfolio Through Transition and/or Sale of Brookdale-operated Properties
— Provides LTC with Opportunity to Reduce Concentration and Further Develop and Expand Relationships with Growth-Oriented Regional Operators — 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 that it plans to diversify its portfolio through the transition and […]
News Release: LTC Invests $51 million for Refinance of Seniors Housing Campus in Upscale Atlanta Area
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 $51.1 million investment in Corso Atlanta by purchasing a participation in an existing mortgage loan. The new loan will be used to pay off certain current banks and LTC’s […]
News Release: LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities
LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities February 16, 2023 09:00 AM Eastern Standard Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth quarter ended December 31, […]
News Release: Viva Bene Announces Healthcare Partner and Breaks Ground on First Community
Avenue Partners with Sevi Health to Deliver New Model of Integrated Living February 16, 2023 06:43 AM Eastern Standard Time ST. PETERS, Mo.–(BUSINESS WIRE)–Senior housing developer Avenue Development announces that new Viva Bene active adult community brand has partnered with national primary care provider, Sevi Health. The partnership combines Viva Bene’s vision of delivering holistic […]
