» Omega Healthcare Investors is poised to own nearly 875 skilled nursing properties across 41 states, following its merger with Aviv REIT in a $3 billion deal announced in November. The all-stock deal...
BusinessBriefs for February 2015
Feb 01, 2015
» Senior Housing Properties Trust will buy 38 senior-living communities for $790 million from CNL Lifestyle Properties Inc., including assumption of debt. The deal is expected to close in the second quarter....
Granite acquires $90 million portfolio of newer buildings
By
Sep 04, 2015
Granite Investment Group acquired a $90.1 million portfolio of five South Texas skilled nursing facilities in mid-July. The acquisition, which was completed through two off-market transactions, brings...
Signature now dominates KY following Elmcroft purchase
By
Jan 04, 2016
Louisville-based Signature HealthCare LLC is now the largest post-acute network in Kentucky, thanks to the acquisition of a fellow Louisville company’s skilled nursing division.
CareTrust REIT pays $177 M to boost skilled care holdings
By
Dec 04, 2015
CareTrust REIT has completed the acquisition of a $177 million skilled nursing portfolio from Liberty Healthcare in Ohio, the company confirmed in October.
A surge for healthcare REITs after repeal-effort sputters
By
May 06, 2017
The recent failure of the GOP’s American Health Care Act has left the healthcare industry in a period of pause that’s likely to benefit real estate investment trusts, according to observers.
Many boomers not ready to make seniors housing move
By
John O'Connor
Feb 01, 2015
Seniors housing companies prepping for baby boomers may encounter prospects who are largely unwilling and unable to relocate.
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...
Sabra Health Care REIT is the latest in a string of real estate investment trusts looking to distance themselves from problematic skilled nursing portfolios.
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.