Communities
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Genesis Healthcare Reports Second Quarter 2016 Results
KENNETT SQUARE, PA–Genesis HealthCare (Genesis, or the Company) (NYSE: GEN), one of the largest post-acute care providers in the United States, today announced operating results for the second quarter ended June 30, 2016. Summary of Recent Financing Activity •Addresses near-term…
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Welltower Enters Into Agreement To Acquire Premier West Coast Seniors Housing Portfolio For $1.15 Billion
TOLEDO, OH–Welltower Inc. (NYSE: HCN) today announced it has entered into a definitive agreement to acquire a portfolio of properties operated by Vintage Senior Living for a purchase price of $1.15 billion. The transaction comprises 19 properties offering a combination…
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Capital Senior Living Corporation Reports Second Quarter 2016 Results
Capital Senior Living Corporation (the “Company”) (CSU), one of the nation’s largest operators of senior living communities, today announced operating and financial results for the second quarter 2016. Company highlights for the second quarter include: Operating and Financial Summary (all…
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Genesis HealthCare Makes Significant Headway In Capital Strengthening Initiatives
KENNETT SQUARE, PA–Genesis HealthCare (Genesis or the Company), one of the nation's largest providers of post-acute care, today announced it has successfully completed the refinancing of its term loan facility and entered into a series of amendments to its significant…
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Watercrest Senior Living Group Announces The Development Of Watercrest Of St. Lucie West Assisted Living
VERO BEACH, FL–Watercrest Senior Living Group announces the development of Watercrest of St. Lucie West Assisted Living and Memory Care Community in the rapidly expanding city of Port St. Lucie, Florida. The 128 unit senior living community, architected by D2…
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Springbok Capital Management LLC Cuts Stake In Brookdale Senior Living Inc.
Springbok Capital Management LLC lowered its position in Brookdale Senior Living Inc. (NYSE:BKD) by 62.2% during the first quarter, Holdings Channel reports. The fund owned 18,700 shares of the company’s stock after selling 30,773 shares during the period. Springbok Capital…
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Senior Star Raises Questions On FVE’s Recent Transaction
TULSA, OK–Senior Star Management Company (Senior Star) today issued a letter to all shareholders of Five Star Quality Care Inc. (FVE or Five Star) regarding Five Star's June 29, 2016 transaction with Senior Housing Properties Trust and its concerns with…
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Green Courte Partners Acquires Two Independent Living Communities
CHICAGO–Green Courte Partners, LLC announced today that its fourth fund, Green Courte Real Estate Partners IV, LLC and its affiliates ("GCP" or the "Company") has acquired its first two senior housing communities. GCP is actively building a portfolio of age-restricted…
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AdCare Transfers Operations Of One Georgia Facility; Extends Closing Date For Sale Of Nine Arkansas Properties
ATLANTA–AdCare Health Systems, Inc., a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare, today announced that the company has transferred the operations of its Savannah Beach facility located in…
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US CareNet Announces Launch Of NavCare Division
AUGUSTA, GA–US CareNet, a national senior care services provider based in Augusta, Ga., today announced the launch of their NavCare care management division. The NavCare brand provides chronic care and transitional care management, population health management and care coordination services…