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 […]
News Release: The Sanders Trust Completes Development of 40-Bed Rehabilitation Hospital
New 56,000-sq. ft. Facility Located in Arizona Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of Dignity Health East Valley Rehabilitation Hospital – Gilbert located in Gilbert, Arizona. The Sanders Trust was selected as the owner and developer of […]
News Release: Oxford Finance’s Healthcare Real Estate Group Closes Over $867 Million of Capital Commitments in 2022
ALEXANDRIA, Va.–(BUSINESS WIRE)–Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Real Estate Group closed a record level of originations in 2022, with Oxford providing over $867 million of capital commitments. The group closed a total […]
News Release: Three NexCore Group developments named 2022 HREI Insights Award™ Finalists
Healthcare Real Estate Insights™ magazine’s annual awards program honors two medical facilities and one seniors housing community the company recently developed in Houston, TX; Livonia, Mich.; and Port Orange, Fla. DENVER; HOUSTON; PORT ORANGE, FLA. (PRWEB) FEBRUARY 02, 2023 — Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real […]
News Release: Sabra Provides Update on Previously Disclosed Disposition Activity and North American Transition
IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra”, “the Company”) (Nasdaq: SBRA) announced today that since September 30, 2022, the Company has received roughly $185 million of gross proceeds related to previously disclosed disposition activity. In addition, the 24 properties formerly leased to North American (“North American”) have been successfully transitioned to Ensign (“Ensign”) (Nasdaq: […]
