POST-ACUTE & SENIOR LIVING: Novant, HealthSouth break ground on $28.3 million rehab hospital in Winston-Salem, N.C.
WINSTON-SALEM, N.C. – Construction is underway on a future $28.3 million rehabilitation hospital at 2475 Hillcrest Center Circle in Winston-Salem.
POST-ACUTE & SENIOR LIVING: New rehab concept hits the market
Mainstreet to open at least 12 Rapid Recovery Centers by the end of 2019 By John B. Mugford A new concept in post-acute rehabilitation is in the midst of hitting the market. Carmel, Ind.-based Mainstreet Health Investors has already opened two of its Rapid Recovery Centers, with eight more scheduled to open between now and 2019. The facilities that opened […]
News Release: Sabra Quickly Moves Through Sabra 2.0 With the CCP Acquisition to Sabra 3.0
Follows Up Announcement of $371 Million Investment in Enlivant Joint Ventures With (1) $430 Million Sale/Leaseback Transaction With a Premier SNF Operator and (2) a Divestiture Plan for Entire Genesis Portfolio in 2018; Reaffirms 2017 Outlook and Updates 2018 Outlook IRVINE, Calif., Sept. 25, 2017 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (“Sabra,” the “Company” […]
News Release: Berkadia’s Seniors Housing and Healthcare Group Finances Over $1 Billion in One Day
SEPTEMBER 20, 2017 NEW YORK – September 20, 2017 – Today, Berkadia’s Seniors Housing and Healthcare Group announced the closing of over $1.03 billion in financings in one day. The September 7 financings consisted of two separate transactions. The first financing was over $995 million for Columbia Pacific Advisors’ (CPA) acquisition of Hawthorn Retirement’s properties, and […]
News Release: Just Closed: Brookdale Senior Living Portfolio Financing
The JLL Seniors Housing and Healthcare Capital Markets Group is pleased to announce the $975 million financing for Brookdale Senior Living, the largest owner and operator of senior living communities throughout the United States. The first mortgage facility was arranged by JLL with Fannie Mae. The diverse portfolio includes properties across 16 states with various […]
News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio
With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]
News Release: Capital One Provides Balance Sheet and Agency Loans Totaling $551 Million to Kayne Anderson for Sentio Purchase
Bethesda, Md. (September 13, 2017) – Capital One announced today that is has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA), enabling it to purchase Sentio Healthcare Properties, a public, nontraded REIT. “Capital One Healthcare’s deep industry expertise, access to […]
News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million
SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]
News Release: The Congress Companies to Break Ground on $60 Million White Plains Institute for Rehabilitation & Healthcare, White Plains, NY
Design rendering of the new 110,000 s/f White Plains Institute for Rehabilitation & Healthcare in White Plains, NY (Photo: Business Wire) August 30, 2017 10:00 AM Eastern Daylight Time PEABODY, Mass.–(BUSINESS WIRE)–White Plains Healthcare Properties I, LLC has selected The Congress Companies as Developer and the joint venture Congress/Consigli JV as the Construction Manager for […]
News Release: The Pointe at Lifespring Senior Living Celebrates Grand Opening with Seas the Day Event
Knoxville, TN (August 17, 2017) The Pointe at Lifespring, a new assisted living and memory care community, is celebrating it’s grand opening. At the Seas the Day event, guests will have the opportunity to tour the community while enjoying food, beverages, and entertainment and to hear Mayor Tim Burchett speak.The Pointe at Lifespring offers 68 beautifully […]
News Release: Select Medical to Open Long-Term Acute Care Hospital at Missouri Baptist Medical Center
NEWS PROVIDED BY Select Medical Corporation Aug 15, 2017, 09:03 ET MECHANICSBURG, Pa., Aug. 15, 2017 /PRNewswire/ — Select Medical Corporation, a wholly-owned subsidiary of Select Medical Holdings Corporation (NYSE: SEM), today announced that it will open a new long-term acute care (LTAC) hospital within Missouri Baptist Medical Center in St. Louis, Missouri. The 38-bed facility, named Select Specialty Hospital […]
News Release: Select Medical to Open Long-Term Acute Care Hospital at Missouri Baptist Medical Center
MECHANICSBURG, Pa., Aug. 15, 2017 /PRNewswire/ — Select Medical Corporation, a wholly-owned subsidiary of Select Medical Holdings Corporation (NYSE: SEM), today announced that it will open a new long-term acute care (LTAC) hospital within Missouri Baptist Medical Center in St. Louis, Missouri. The 38-bed facility, named Select Specialty Hospital – Town and Country will be located on the 5th floor of Missouri […]
News Release: Just closed: San Antonio Inpatient Rehabilitation Hospital
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Warm Springs Rehabilitation Hospital of Thousand Oaks, an acute care inpatient rehabilitation hospital facility with 34 licensed beds in San Antonio, Texas, leased and operated by an affiliate of Post Acute Medical. Mindy Berman of the JLL Healthcare Capital Markets Group served […]
News Release: Healthsouth And Novant Health Announce Plans To Build An Inpatient Rehabilitation Hospital
NEWS PROVIDED BY HealthSouth Corporation Jul 15, 2016, 07:00 ET BIRMINGHAM, Ala. and WINSTON-SALEM, N.C., July 15, 2016 /PRNewswire/ — HealthSouth Corporation (NYSE: HLS) and Novant Health, Inc., have formed a joint venture to file a Certificate of Need application to build a 68-bed, freestanding inpatient rehabilitation hospital in Winston-Salem, North Carolina. The Certificate of Need application requests that the rehabilitation unit […]
News Release: Blue Moon Capital Partners appoints new managing director
Press Release-FOR IMMEDIATE RELEASE Boston, MA (June 21, 2017)—Blue Moon Capital Partners LP (“Blue Moon”), a leading senior housing private equity investor, announced today that Kevin Donahue has joined the firm as Managing Director, Investments responsible for working with Blue Moon’s senior living operating partners to optimize asset level performance. Kevin will also be involved […]