Transactions

Summit Healthcare REIT, Inc. Acquires an Interest in 14 Skilled Nursing/Assisted Living Facilities in Indiana

LAKE FOREST, CA–Summit Healthcare REIT, Inc. (“Summit”) announced that it has acquired an interest in 14 skilled nursing/assisted living facilities throughout Indiana on March 13, 2019. The facilities, acquired for $125 million, consist of a total of over 1,100 licensed beds and will be leased back…

The Ensign Group Acquires Home Health and Hospice Operations in San Antonio, Texas

MISSION VIEJO, CA–The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, medical transportation, and assisted living companies, announced today that a subsidiary of Cornerstone Healthcare,…

KKR Completes Acquisition of Brightspring Health Services

LOUISVILLE, KY–Global investment firm KKR and BrightSpring Health Services (“BrightSpring”), one of the largest home and community-based health services providers, announced today that KKR has closed on its acquisition of BrightSpring. As part of this transaction, BrightSpring has merged with…

The Ensign Group Acquires California Skilled Nursing Facility

MISSION VIEJO, CA–The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, announced today that it acquired the operations of Downey Care Center,…

29th Street Capital Acquires Shekinah Home, an Assisted Living Community in Norcross, Georgia

NORCROSS, GA–29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Shekinah Home, a community for seniors in Norcross, GA. The new owner plans to improve the quality of life and increase activities for the residents…

WellSky Acquires HCS, Entering Long-Term Acute Care and Inpatient Behavioral Health Markets

LENEXA, KS–WellSky, a leading health and community care technology company backed by TPG Capital, and Health Care Software, Inc. (HCS), a leading provider of integrated clinical and financial IT software for long-term and post-acute care providers, announced Feb. 27 that…

CareTrust REIT Expands in California

SAN CLEMENTE, CA–CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 503-bed, four-property skilled nursing portfolio in California in a sale-leaseback transaction with subsidiaries of Covenant Care, Inc. As part of the transaction, CareTrust and Covenant Care entered into…

LTC Inks $17 Million Sale-Leaseback JV Partnership in Virginia

WESTLAKE VILLAGE, CA–LTC Properties, Inc. (NYSE:LTC), a real estate investment trust investing in seniors housing and health care properties, today announced it has entered into a real estate joint venture relationship with an affiliate of English Meadows Senior Living Communities…

Curis Capital and Veritas Senior Living Acquire St. Louis Senior Living Community

IRVING, TX and CHATTANOOGA, TN–Irving, TX-based Curis Capital in a venture with Chattanooga, TN-based Veritas Senior Living has acquired Autumn Ridge, an independent living and residential care community outside St. Louis, MO. Located in Herculaneum, MO, Autumn Ridge offers 107…

Tryko Partners Acquires Collingswood Healthcare & Rehabilitation Center in Rockville, Md.

ROCKVILLE, MD–Private equity investor Tryko Partners has expanded into the southern Maryland skilled nursing community with the acquisition of a 160-bed facility in Rockville. Marquis Health Services, the firm’s healthcare affiliate, has assumed operations of Collingswood Rehabilitation & Healthcare Center…