» Berkadia Commercial Mortgage LLC acquired Keystone Commercial Capital, a commercial mortgage banking company based in Scottsdale, AZ. Keystone services more than $2 billion in commercial real estate...
BusinessBriefs June 2014
Jun 01, 2014
» Four bidders have emerged as finalists to buy Griffin-American Healthcare REIT II Inc., in a transaction that could value the company at more than $3.6 billion.
A new day for Sunrise
By
John O'Connor
Jun 01, 2014
Sunrise Senior Living has promoted Chris Winkle to its top executive post. The firm’s former COO replaces Penny McIntyre, who had been on the job for less than six months.
Occupancy, absorption both climb in first quarter: NIC
By
John O'Connor
Jun 01, 2014
Skilled nursing facilities’ average occupancy rate continued to rise in the first three months of 2014, while absorption flipped into positive territory for the first time in almost a decade, according...
Value is new SNF mandate
By
John O'Connor
May 01, 2014
Long-term care operators will face additional pressure to improve, said William Shrank, Ph.D., chief scientific officer for CVS/Caremark.
Omega closes $525M deal
By
Tim Mullaney
Jan 01, 2014
Omega Healthcare Investors closed a $525 million deal to acquire 55 skilled nursing facilities.
Kindred repositions services to guarantee future growth
By
Tim Mullaney
Dec 01, 2013
Kindred Healthcare, one of the nation’s largest long-term care operators, has completed the first phase of a repositioning plan and is entering a period of growth, company leaders recently announced.
Skilled Healthcare Group CEO to retire as company rebuilds
By
Tim Mullaney
Sep 01, 2013
Boyd Hendrickson, a transformative figure in long-term care while at the helm of Skilled Healthcare Group, will be retiring as the company restructures its balance sheet and administrative services.
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...
Extendicare mulls sell-off of U.S. operations amid decline
By
Tim Mullaney
Jul 01, 2013
Extendicare, a major North American long-term care operator, may sell off its 158 U.S. facilities before the end of the year. The company’s move to separate its Canadian and U.S. businesses could...