Transactions

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…

New Perspective Senior Living Adds 22nd Community to Portfolio

MINNETONKA, MN–Committed to expanding its footprint and providing service and care for seniors throughout the Minneapolis/St. Paul area, New Perspective Senior Living announces the acquisition of its latest community, New Perspective – Carlson Parkway. The acquisition marks the company’s entry…

CareTrust REIT Bolsters WLC Master Lease with Illinois Campus

SAN CLEMENTE, CA–CareTrust REIT, Inc. (NASDAQ:CTRE) announced Feb. 5 that it has acquired a skilled nursing and supportive living campus in Mt. Carmel, IL. The campus includes 90 licensed skilled nursing beds and 38 licensed supportive living facility beds. The…

Waterton Acquires Controlling Interest of Senior Housing Owner/Operator Pathway to Living

CHICAGO–Waterton, a Chicago-based real estate investor and operator, announced today it has acquired a controlling interest in Pathway to Living operating company, a Chicago-based owner and operator of senior living communities with an established senior living brand and a well-respected operating and investment track record…

The Avamere Family of Companies Welcomes New Community

WILSONVILLE, OR–The Avamere Family of Companies, a leading senior living, and healthcare company, is pleased to announce their acquisition of a new community building in Las Vegas, Nevada, as of January 7, 2019. “We are very excited for this opportunity for residents of Avamere…