Transactions

Greystone Closes $75 Million FHA Loan for Acquisition of 561-Bed Skilled Nursing Facility Portfolio in NY

NEW YORK–Greystone, a commercial real estate lending, investment, and advisory company, announced it has provided a $75 million loan for the acquisition of the Optima Portfolio of skilled nursing facilities including Brookside Multicare in Smithtown, New York; White Plains Center…

The Ensign Group Acquires Texas Post-Acute Care Campus

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 real estate and operations of Grace…

NHI Acquires 5 Assisted Living and Memory Care Communities For $69.75 Million

MURFREESBORO, TN–National Health Investors, Inc. (NYSE: NHI) announced today that it has acquired five assisted living/memory care communities totaling 320 units for a total investment of $69,750,000, inclusive of $500,000 in capitalized transaction costs and $1,750,000 for capital improvements. The…

QCP Enters into Definitive Agreements with ProMedica and Welltower

BETHESDA, MD–Quality Care Properties, Inc. (NYSE: QCP) (“QCP”) announced that it has entered into an agreement with ProMedica Health System, Inc. (“ProMedica”), under which ProMedica will assume the rights and obligations of QCP pursuant to the original plan sponsor agreement between…

ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors

TOLEDO, Ohio–ProMedica, a mission-based, not-for-profit healthcare system focused on improving health and well-being across the care continuum, announced today it is planning to acquire HCR ManorCare, the nation’s second largest provider of post-acute services and long-term care. The partnership will…

Waypoint Residential Acquires the Claiborne at Adelaide, an 82-Unit Senior Living Facility in Starkville, Mississippi

BOCA RATON, FL–Waypoint Residential, a vertically integrated real estate investment firm focused on the U.S. rental housing sector, has acquired The Claiborne at Adelaide, an 82-unit senior living facility located in Starkville, MI. This acquisition is Waypoint’s second investment in…

Sienna Senior Living Inc. Completes Acquisition of Ten High-Quality Retirement Residences in Ontario

MARKHAM, ONTARIO–Sienna Senior Living Inc. (“Sienna” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Acquisition”) of ten high-quality private-pay independent supportive living and assisted living retirement residences in Ontario (the “Acquired Properties”),…

Partners Pharmacy Acquires Presbyterian Village North Pharmacy

DALLAS–Partners Pharmacy (Partners) is pleased to announce the acquisition of the Presbyterian Village North (PVN) onsite pharmacy. PVN is a premier family-owned healthcare provider dedicated to providing exceptional care and services at its faith-based CCRC* in Dallas. As the provider of exceptional pharmaceutical services…

Tryko Partners Adds Philadelphia-Area Facility to Skilled Nursing Portfolio

YEADON, PA–Tryko Partners, LLC continues to grow its presence in the Philadelphia skilled nursing community with the acquisition of ManorCare Health Services at Mercy Fitzgerald Hospital in Yeadon. Marquis Health Services, the company’s healthcare affiliate and a third-generation nursing home…

Griffin-American Healthcare REIT IV Acquires Two-Property Central Wisconsin Senior Care Portfolio for $22.6 Million

MADISON, WI–American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today the REIT has completed the acquisition of the 254-bed, two-property Central Wisconsin Senior Care Portfolio for approximately $22.6 million. The portfolio’s properties are located in…