Communities

Presby’s Inspired Life To Expand Rydal Park Campus

LAFAYETTE HILL, PA–Presby’s Inspired Life is looking to the future in meeting the ever-growing demand of housing for people 62 and better in the greater Philadelphia market. The organization, which offers independent living, continuing care and affordable housing in more…

SCAN Donates $40,000 To Long Beach State University To Support Initiatives Related To Seniors, Aging And Independence

LONG BEACH, CA–SCAN, a leading senior-focused organization with the mission of keeping seniors healthy and independent, has announced a charitable contribution of $40,000 to Long Beach State University’s College of Health & Human Services. The gift recognizes SCAN’s 40th anniversary…

Strawberry Fields REIT Secures Increase On Its Series A Unsecured Debentures On Tel Aviv Stock Exchange

SOUTH BEND, IN–Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has successfully increased its Series A unsecured…

Quality Care Properties Enters Into Forbearance Agreement With HCR ManorCare

BETHESDA, MD–Quality Care Properties, Inc. (NYSE:  QCP) (“QCP” or the “Company”) today announced that it entered into a forbearance agreement (the “Agreement”) with its principal tenant, HCR III Healthcare, LLC and its parent HCR ManorCare, Inc. (together, “HCR ManorCare”).  Among…

CommuniCare Continues To Grow Its Family Of Companies

CINCINNATI–CommuniCare Health Services welcomes two new healthcare centers to its family in Missouri, increasing its ability to offer specialized post-acute care to residents most in need. As of April 1, Garden Valley Nursing and Rehabilitation Center and Maple Wood Care…

Intergenerational Living & Health Care, Inc. And The Goodman Group Announce Development Of Stillwater’s First Senior Living Campus

STILLWATER, MN–Intergenerational Living & Health Care, Inc. (ILHC), a nonprofit organization pioneering interactive programing to bring children and seniors together, based in Minneapolis, has purchased an option to acquire approximately 57 acres overlooking the northern end of Long Lake just…

Steadfast Senior Living Announces New Morgan Hill Assisted Living And Memory Care Development

IRVINE, CA–Steadfast Senior Living announced plans today for another addition to their senior housing portfolio with a new ground-up development in Morgan Hill, Calif., just south of San Jose. The new facility will provide 67 apartment homes for seniors in…

Brookdale Completes Transaction With Blackstone

NASHVILLE–Brookdale Senior Living Inc. (NYSE:  BKD) today announced that it has completed its previously announced transaction with affiliates of Blackstone Real Estate Partners VIII L.P. (collectively “Blackstone”) to acquire a 15% ownership interest in a joint venture that acquired a…

Villaggio At San Luis Obispo To Raise Bar For Life Plan Communities

SAN LUIS OBISPO, CA–Villaggio at San Luis Obispo, a luxury-style Life Plan Community, is currently under planning and development in California’s world renowned Central Coast. Named “The Happiest City in America” by Gallup-Healthways, San Luis Obispo’s Mediterranean climate, diverse cultural…

AdCare Health Systems Reports Fourth Quarter and Full-Year Financial 2016 Results

ATLANTA– AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today provided an update on its business and reported…