News Release: Hoffman Facility Opening
Minnewaska Community Health Completes Hoffman Project Hoffman, Minn., (July 23, 2018) – Minnewaska Community Health Services (MCHS) is proud to announce the opening of its newest facility, Hoffman Senior Living, which is committed to serving those living in Hoffman, Minn., and the surrounding area. Hoffman Senior Living is a one-story facility offering 10 assisted living units […]
Post-Acute & Senior Living: Confluent, Harbor Retirement start work on Memphis, Tenn.-area senior community
Denver-based Confluent Senior Living and Vero Beach, Fla.-based Harbor Retirement Associates (HRA) have started construction on the three-story, 123-unit Harbor Chase of German town assisted
News Release: It’s a Done Deal: Fieldhome
Raymond James advises Fieldhome on the sale of its Skilled Nursing Facility, Assisted Living Facility and Children’s Day Care Program to Personal Healthcare Net transaction proceeds were contributed to the Field Hall Foundation, which Fieldhome will continue to operate, enabling Fieldhome to continue its mission through the provision of grants to area programs that address […]
News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community
MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community Project Partners Begin Second Development in Metro Portland Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new 83,300-square-foot senior living community in Happy Valley, Ore. Named MorningStar of Happy Valley, the development in the southeastern suburb of Portland will […]
News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas
The Sanders Trust acquires $27 Million Rehabilitation Hospital in Texas The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital […]
News Release: Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions
Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions Upgrades, New Programs Set to Launch at Properties in Catonsville and Towson Tryko Partners LLC has expanded its presence in the Baltimore-area skilled nursing community with the acquisitions of two facilities totaling 254 beds. Marquis Health Services, the firm’s healthcare […]
News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M
Evans Senior Investments (ESI) successfully represented the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in North Carolina for $7.0 million, or $59,000 per bed. Located within a tertiary market outside of Charlotte, Gastonia Care and Rehab was operated by a national operator. At the time of the sale, the facility averaged […]
News Release: Hunt Deal News
Hunt Mortgage Group Refinances an Affordable Senior Housing Property Located in Montebello, California Total funding equals $20 million Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided a loan in the amount of $20 million to refinance an affordable senior housing property located in Montebello, California. Beverly […]
News Release: Griffin-American Healthcare REIT IV Acquires Assisted Living Facility in Beaumont, Texas for $19.5 Million
American Healthcare Investors, LLC and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired an assisted living facility located in Beaumont, Texas for $19.5 million. Situated on 4.38 acres of land, Pinnacle Beaumont Assisted Living Facility is comprised of 79 units and consists of approximately […]
News Release: MedEquities Realty Trust Purchases an Inpatient Rehabilitation Hospital to be Operated by Vibra Healthcare for $23.4 Million
NASHVILLE, Tenn., June 28, 2018 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced that it has acquired Southern Indiana Rehabilitation Hospital, a 60-bed inpatient rehabilitation facility (IRF) located in the Louisville, Kentucky suburb of New Albany, Indiana, for $23.4 million. The Company concurrently executed a 15-year triple-net lease of the IRF with Vibra Rehabilitation […]
News Release: Welltower and Brookdale Senior Living Enter Into Broad Collaborative Relationship Restructuring
Welltower’s overall Brookdale concentration is expected to decrease from 7.6% to 2.9% of In-Place NOI, while improving lease coverage on the remaining Brookdale portfolio to 1.31x EBITDAR. Provides a right sized long-term relationship with Brookdale that could allow for additional future growth opportunities. Initiates a new RIDEA joint venture with Pegasus Senior Living led by […]
News Release: Birmingham-Based Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
FOR IMMEDIATE RELEASE For more information, contact: June 21, 2018 Krista Conlin, 205-937-3777 The Sanders Trust announces grand opening of Des Moines, Iowa development Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening […]
News Release: Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening of Iowa’s first and only freestanding rehabilitation hospital, Mercy Rehabilitation Hospital in […]
News Release: Deal: Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities
Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities Capital One announced today that it provided a $65 million adjustable-rate loan to Holiday Retirement to recapitalize two senior housing facilities that it owns and operates. Located in Cincinnati, Ohio, and Austin, Texas, the properties comprise 412 units, of which 379 are […]
News Release: HFF announces capital raise for The Vineyards at Brookfield in Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces the capital raise for The Vineyards of Brookfield, a to-be-built, 146-home, age-restricted (55+) townhome community with a total project cost of $58 million in the Long Island community of Center Moriches, New York. The HFF team worked on behalf of the developer, Ornstein Leyton Company (OLC), to secure an […]