Court upholds big damages award to Ventas in HCP case
By
Elizabeth Newman
Jul 01, 2011
Ventas has once again won a legal victory, with a federal appeals court upholding a $101.6 million damages award in its favor against HCP Inc.
Ventas acquires buildings; stockholder to sell off stake
By
Elizabeth Newman
Feb 01, 2012
The agreement means holders of shares of Cogdell common stock will receive $4.25 per share. This represents a premium of 8% to Cogdell’s closing price on Dec. 23, 2011, and 13% to the average closing...
AdCare hires new CFO, mulls moves after financial errors
By
Tim Mullaney
Jun 01, 2013
A turbulent spring at AdCare Health Systems Inc. included ongoing fallout from accounting errors that led to the appointment of a new chief financial officer, as well as a potential change in majority...
Trilogy acquired by two REITs in another billion-dollar deal
By
Nov 05, 2015
A joint venture between Griffin-American Healthcare REIT III and NorthStar Healthcare Income Inc. acquired senior healthcare provider Trilogy Health Services for $1.125 billion, the companies announced...
Kindred spends $700M with Ventas to ready for SNF exit
By
Jan 06, 2017
Kindred Healthcare Inc. has entered into an agreement to purchase 36 skilled nursing facilities from Ventas ahead of its exit from the skilled nursing sector, the provider announced in November.
BusinessBriefs for September 2014
Sep 01, 2014
» CNL Healthcare Properties completed the acquisition of seven communities in Texas and one in Illinois for approximately $187.2 million, with potential adjustments related to property net operating income....
BusinessBriefs
Aug 01, 2013
» Cambridge Realty Capital Companies recently arranged $24 million in Housing and Urban Development loans to refinance skilled nursing facilities with a total of 549 beds in three states. The loans will...
Aviv finally finds success with $279M initial public offering
By
McKnight's Staff
May 01, 2013
Aviv REIT Inc. netted nearly $279 million in an initial public offering of common stock. The Chicago-based company first tried to go public in 2008 but was stopped by the economic crisis, and a 2009 attempt...
BusinessBriefs for August 2014
Aug 01, 2014
» Center Management Group of Flushing, NY, will pay $145 million to purchase five nursing facilities and two senior living communities from the Archdiocese of Philadelphia. The company currently operates...
BusinessBriefs for October 2014
Oct 01, 2014
» Brookdale Senior Living and real estate investment trust HCP have finalized a $1.2 billion joint venture, the firms announced. The new partnership will include 14 continuing care retirement communities...