Communities

Always Best Care Announces New Owners Of The Philadelphia Main Line Territory

ROSEVILLE, CA–Always Best Care Senior Services, one of the leading senior care franchise systems in the United States, announced today that Michael Friedberg and his partner Di Guo have acquired the Philadelphia Main Line territory. Always Best Care of Main…

Welltower Completes Sale Of 28 Long-term/Post-acute Care Facilities To Cindat/Union Life Joint Venture

TOLEDO, OH–Welltower Inc. (NYSE:HCN) announced today that it has completed its previously announced sale of 28 long-term/post-acute care facilities, master leased to Genesis Healthcare, Inc. (NYSE:GEN) (“Genesis”), to a joint venture (“Joint Venture”) among Welltower, Cindat Capital Management (“Cindat”) and…

LTC Declares Its Monthly Common Stock Cash Dividend For The First Quarter Of 2017

WESTLAKE VILLAGE, CA–LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the first quarter of 2017. The Company declared a monthly cash dividend of $0.19 per common share per month…

StoneCreek Appoints Civitas Senior Living As New Managing Partner

EDMUND, OK–StoneCreek Assisted Living and Memory Care announced a new management agreement with Civitas Senior Living, a fast-growing, Texas-based company that manages more than 30 senior living communities throughout the country. The agreement provides Civitas the management of 58 assisted…

AdCare Announces Recertification Of Jeffersonville Facility

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 healthcare, today announced the company’s Jeffersonville facility has been recertified by…

Land And Buildings Issues Letter To Brookdale Senior Living Shareholders Highlighting Path To Real Estate Monetization And Maximizing Shareholder Value

STAMFORD, CT–Today Land and Buildings Investment Management LLC (“Land and Buildings”) issued the following letter to Brookdale Senior Living’s Shareholders: Brookdale Senior Living (NYSE: BKD) (“Brookdale”, “BKD” or the “Company”) shareholders have endured one misstep after another on the part…

New Survey Results Reveal The Importance And Challenges Of Dining Services At Senior Living Communities

WASHINGTON–A recent survey of senior living executives revealed two opposing trends relating to the dining services provided at senior living communities and skilled nursing facilities across the country: 1.Executives overwhelmingly believe that dining plays a significant role in consumers’ selection…

Watercrest Senior Living Group Celebrates The Opening Of Market Street Memory Care Residence In Viera

VERO BEACH, FL–Watercrest Senior Living Group proudly welcomes residents to the opening of the premier Market Street Memory Care Residence in Viera, Florida. The 44,000 square foot, 60-unit memory care community, built by Walker & Company, offers world-class care, multi-sensory…

Generational Equity Announces Sale Of Stonehaven Assisted Living To Cornerstone Healthcare Group

DALLAS–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the acquisition of its client, Stonehaven Assisted Living, of Maumelle, AR, to CHG Senior Living, a division of Cornerstone Health Group. The acquisition closed…

Allianz Life Gives $275,000 In Grants To Nonprofits Supporting Senior Services

MINNEAPOLIS–Allianz Life Insurance Company of North America (Allianz Life®) announced that it renewed $275,000 in grants to Twin Cities area nonprofits that help enhance seniors’ quality of life. Through community programming and outreach, these organizations help seniors remain self-sufficient, offer…