Occupancy rates for skilled nursing properties dropped to a new record low of 74.6% in July, according to a report released in early October from the MAP® Data Service of the National Investment Center...
ManorCare, HCP Inc. sued
By
Jul 04, 2016
HCP ignored fraud and misled investors about the performance of ManorCare, its skilled nursing portfolio, according to a class action filed in May.
Genesis will acquire 24 SNFs in $240 million Revera deal
By
Aug 05, 2015
Genesis Healthcare will acquire 24 skilled nursing facilities from Revera Inc., as part of a $240 million portfolio.
New name for Advocat Inc.
By
McKnight's Staff
May 01, 2013
Advocat Inc., which operates 48 skilled nursing centers, changed its name to Diversicare Healthcare Services as of March 15. Its facilities already operated under the Diversicare name, and President and...
NHC acquires 6 more SNFs
By
Elizabeth Newman
Feb 01, 2013
National HealthCare Corp is buying six nursing homes from landlord National Health Investors for $21 million, the company announced.
Hospital chain will own HCR
By
Kimberly Marselas
Jun 08, 2018
Welltower Inc. and hospital operator ProMedica are acquiring Quality Care Properties Inc. for nearly $2 billion in an 80/20 deal. QCP was in the process of purchasing HCR ManorCare, which is emerging from...
REITs continue buying binge, with smaller deals on the rise
By
Elizabeth Newman
Dec 01, 2011
Despite the slow creep back toward traditional bank financing, real estate investment trusts (REITS) continued their buying sprees this fall.
Ventas hikes NOI estimate
By
McKnight's Staff
Mar 02, 2013
Ventas Inc. anticipates $386 million in 2012 net operating income after management fees from its private-pay senior housing communities managed by Atria Senior Living Inc. and Sunrise Senior Living Inc.
Ventas wins another one
By
Elizabeth Newman
Oct 01, 2011
After years of legal wrangling, HCP Inc. has agreed to pay the $102 million the courts have said it owes Ventas Inc.
Real estate investment trust purchases HCR for $6.1 bln
By
Liza Berger
Jan 03, 2011
HCP Inc., a real estate investment trust, has signed an agreement to purchase the assets of HCR ManorCare Inc. for $6.1 billion from The Carlyle Group, a private investment firm.