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...
Business briefs
Apr 01, 2013
» Emeritus Senior Living recently said it wants to hire 1,000 veterans by 2018. The assisted living and skilled nursing provider says this is the first such veteran recruiting program in senior care....
Business briefs
Mar 02, 2013
Gulf Coast Healthcare, LLC will acquire 25 skilled nursing facilities in Alabama, Mississippi and Florida, using a $168.8 million five-year term loan. After this acquisition, Gulf Coast will operate a...
Sabra: Normalization hinges on solid COVID-19 testing
By
Danielle Brown
Dec 01, 2020
Effective and rapid COVID-19 testing — not just a vaccine — will put skilled nursing facilities back on a path toward normalization after being ravaged by the public health crisis, according to Sabra...