News Release: Rendina, Astrea Development and PAM Health Celebrate Construction Start of Rehabilitation Hospital in Jupiter, Fla.
FOR IMMEDIATE RELEASE JUPITER, Fla., Dec. 15, 2021 – Rendina Healthcare Real Estate and Astrea Development recently began construction on a 42-bed licensed inpatient rehabilitation in Jupiter. Located in a desired section of Jupiter known as Abacoa, the 48,941-square-foot facility will be across the street to the south of Rendina’s headquarters on approximately 5 acres […]
News Release: NexCore Group Names Jeanette Allen VP Health and Wellness of its Experience Senior Living entity
FOR IMMEDIATE RELEASE Ms. Allen brings more than 30 years of senior living experience to the Denver-based real estate development firm, including roles at Balfour Senior Living, Senior Lifestyle Corp. and other firms DENVER, Dec. 8, 2021 – Denver-based NexCore Group, a national healthcare, life sciences and senior living real estate (HRE) developer, today announced […]
News Release: Ryan Companies and Grand Living Management Launch Construction on Grand Living at Naples
TAMPA, FLA. ( DEC 03, 2021 ) Ryan and Grand Living Management will fulfill a strong demand for senior living in Naples, Fla. with Grand Living at Naples. According to Moore Diversified Services, Inc., the 75+ age group is strong in the Naples Market and accounted for 17.5% of the total population in 2020 compared […]
News Release: NexCore Group Names Industry Veteran Phillip Barklow as its President of Experience Senior Living
FOR IMMEDIATE RELEASE Mr. Barklow joins the Denver-based real estate development company as the latest chapter in a long and successful career in the senior living space, after roles at Balfour, Atria and other firms Phillip Barklow has joined NexCore Group as President of its Experience Senior Living entity DENVER, Nov. 9, 2021 – Denver-based […]
News Release: Welltower Reports Third Quarter 2021 Results
NEWS PROVIDED BY Welltower Inc. Nov 04, 2021, 16:06 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.42 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share Seniors Housing Operating (“SHO”) portfolio occupancy increased approximately 210 […]
News Release: MidCap Financial Closes First Mortgage Loan on 92-Unit Seniors Housing Community on St. Simon’s Island, GA
PRESS RELEASE BETHESDA, MD, October 5, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with Winterpast Capital Partners, Broadview Real Estate Partners and Vitality Senior Living. The $14.25MM floating rate first mortgage loan facilitated the acquisition and repositioning of Vitality at Frederica, […]
News Release: H2C Secures Construction Debt for Development of IRF and LTACH
NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor to a privately held joint venture that is developing a 62-bed, 74,640- square-foot inpatient rehabilitation facility (“IRF”) and long-term acute care hospital (“LTACH”) in Miamisburg, Ohio, to be known as ”Post Acute Medical of […]
News Release: SRS National Net Lease Group Announces Sale of Conviva Care Center in West Palm Beach
Fort Lauderdale, FL (October 4, 2021) — SRS Real Estate Partners’ National Net Lease Group (NNLG) announced it has completed the sale of a freestanding Conviva Care Center, located at 5799 Lake Worth Road in Greenacres, FL. Conviva is a subsidiary of Humana Inc. a leading provider of senior-focused primary health care in Florida and […]
News Release: Ventas Completes Acquisition of New Senior Investment Group Inc.
September 21, 2021 08:56 AM Eastern Daylight Time CHICAGO & NEW YORK–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas”) and New Senior Investment Group Inc. (“New Senior”) today announced that Ventas has completed its acquisition of New Senior in an all-stock transaction (the “Transaction”), valued at approximately $2.3 billion, including New Senior debt assumed or repaid by […]
News Release: CareTrust REIT Announces Second Quarter 2021 Operating Results
Conference Call Scheduled for Friday, August 6, 2021 at 1:00 pm ET August 05, 2021 16:12 ET | Source: CareTrust REIT, Inc. SAN CLEMENTE, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended June 30, 2021, as well as other recent events. For the quarter, CareTrust REIT reported: […]
News Release: New Senior Announces Second Quarter 2021 Results
July 30, 2021 07:30 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE: SNR) announced today its results for the quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTS Net loss of $13.3 million, or $(0.16) per diluted share Total net operating income (“NOI”) of $29.4 […]
News Release: LTC Reports 2021 Second Quarter Results and Discusses Recent Activities
July 29, 2021 04:15 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 operating results for the second quarter ended June 30, 2021. Net income available to common stockholders was $18.1 […]
News Release: Welltower and Oakmont Management Group Announce Strategic Joint Venture Partnership
NEWS PROVIDED BY Welltower Inc. Jul 29, 2021, 16:01 ET TOLEDO, Ohio, July 29, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced the expansion of its relationship with Oakmont Management Group (“Oakmont”). Through the acquisition of new management contracts, the partnership is expected to roughly double the size of Welltower and Oakmont’s existing portfolio by […]
News Release: The Sanders Trust Completes Development Of 50,000 Square Foot Anderson Rehabilitation Institute
FOR IMMEDIATE RELEASE July 27, 2021 New Inpatient Rehabilitation Facility Located in Illinois Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the construction completion of Anderson Rehabilitation Institute, an inpatient rehabilitation hospital in Edwardsville, Illinois. The Sanders Trust was selected as […]
News Release: Effects Of Pandemic Continue To Impact U.S. Senior Housing Occupancy
Occupancy Unchanged as Inventory Increased in Second Quarter Senior housing occupancy remained flat in the second quarter of 2021, holding at 78.7 percent, according to new NIC MAP® data, powered by NIC MAP Vision. Though COVID-19 cases in senior living properties dropped significantly in the last quarter, occupancy has not turned the corner, largely due to new inventory coming online. Despite unchanged occupancy, demand for senior […]