Transactions

CommuniCare Family of Companies Acquires 13 Skilled Nursing Centers in Ohio

CINCINNATI–CommuniCare Health Services now manages 13 senior living facilities in Ohio previously under the management of Columbus-based Atrium Centers. Through this acquisition, CommuniCare, a privately held company headquartered in Cincinnati, grows to more than 80 healthcare centers in seven states—Indiana, Maryland, Missouri, Ohio, Pennsylvania, Virginia and West…

Strategic Student & Senior Housing Trust Acquires Portfolio of Three Salt Lake City Assisted Living Communities

SALT LAKE CITY–Strategic Student & Senior Housing Trust, Inc., a private real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today its acquisition of a portfolio of three senior housing communities consisting of 294 units located in…

Wayfinder Holdings, LLC, Acquires Autumn Cove Assisted Living and Memory Care in Anniston, Alabama

MOUNT PLEASANT, SC–Wayfinder Holdings, LLC, has announced the acquisition of Autumn Cove Assisted Living and Memory Care, a 65-unit senior living community in Anniston, AL. Eric Hadley, president of Wayfinder Management, says, “Autumn Cove is simply a great fit — a well-respected,…

Inspirit Senior Living Announces Acquisition Of Two Tennessee Facilities

MURFREESBORO, TN–Inspirit Senior Living today announced that it has acquired two seniors housing facilities previously owned and operated by Sunnington LLC and Sunnington II, LLC. The Rutherford Assisted Living and Rutherford Memory Care (formerly Sunnington Assisted Living and Sunnington Memory Care, respectively) mark…

LTC Enters $10 Million Joint Venture

WESTLAKE VILLAGE, CA–LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced it entered into a real estate joint-venture relationship with an affiliate of Affinity Living Group to acquire…

Welltower Enters Into Agreement To Acquire Portfolio of Sunrise Assets

TOLEDO, Ohio–Welltower Inc. (NYSE: HCN) today announced it has entered into a definitive agreement to acquire a portfolio of rental continuing care retirement communities (CCRCs). The transaction comprises four communities offering a full continuum of care including independent living, assisted living, memory…

Humana Announces Agreement to Acquire a 40 Percent Minority Interest in Kindred’s Homecare Business for $800 Million Through Joint Venture

LOUISVILLE, KY–Humana Inc. (NYSE: HUM) today announced it has signed a definitive agreement to acquire a 40 percent minority interest in the Kindred at Home Division (Kindred at Home) of Kindred Healthcare, Inc. (NYSE: KND), the nation’s largest home health…

Ventas Supports the Acquisition of Kindred Healthcare

CHICAGO–Ventas, Inc. (NYSE: VTR) said today that it supports the acquisition of leading healthcare provider Kindred Healthcare, Inc. (NYSE: KND) (“Kindred”) by a consortium (the “Consortium”) of TPG Capital (“TPG”), Welsh, Carson, Anderson & Stowe (“WCAS”) (together, the “Sponsors”) and…

NHI Announces Acquisition of North Carolina Assisted Living/Memory Care Community

MURFREESBORO, TN–National Health Investors, Inc. (NYSE: NHI) announced today it has exercised its purchase option to acquire Spring Arbor of Durham, a 32-unit assisted living and memory care community in Durham, North Carolina. The community was part of a purchase…

Toron, Inc. Provides Corporate Status Update

MIAMI–Toron, Inc. (OTC Pink: TRON) provided its stockholders today with a corporate update. It has announced that its vision to further enter the healthcare market has taken another step forward. Toron has entered into a Letter of Intent to acquire InMed Group,…