Communities
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
PruittHealth Centers Awarded National Quality Awards
NORCROSS, GA–The American Health Care Association and the National Center for Assisted Living (AHCA/NCAL) announced the names of the 71 long-term and post-acute care organizations that earned a 2016 Silver – Achievement in Quality Award, including PruittHealth – Bethany and…
-
Food Services At Georgia Senior Living Community Fail Health Inspection
The food services at a Cumming senior living community failed its routine health inspection last week after a county inspector noted raw animal food stored over ready-to-eat food, according to the Atlanta Journal Constitution. Lanier Place at 440 Tribble Gap…
-
Genworth 2016 Annual Cost of Care Study: Home Care Costs Increased In West Virginia; Overall Costs Are Down
RICHMOND, VA– The cost to receive long term care services at home with a home health aide has increased nationally, and these costs in West Virginia are also increasing, according to Genworth's 13th annual Cost of Care Study. Home is…