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Kindred Provides Update On Additional Transaction Closings For Its Skilled Nursing Facility Business Divestiture

LOUISVILLE, KY–Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed additional transaction closings (the “Closings”) related to its previously announced agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”), to sell the Company’s skilled nursing facility …

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The Technical Outlook On Long-Term Care Facilities Stocks

In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on BKD, EVHC, GEN, and KND which is a click away at www.wallstequities.com/registration. In today’s pre-market research, WallStEquities.com covers the following equities: Brookdale Senior Living Inc. (NYSE: BKD), Envision Healthcare Corp. …

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REIT, Inc. Acquires An interest In Six Facilities In Iowa

LAKE FOREST, CA–Summit Healthcare REIT, Inc. (“Summit”) announced that it has acquired an interest in six skilled nursing/assisted living/independent living facilities throughout Iowa on November 8, 2017. The facilities, acquired for a total purchase price of $29.5 million, consist of a total of 551 licensed beds, and will be leased …

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Quality Care Properties Provides Update On HCR ManorCare

BETHESDA, MD–Quality Care Properties, Inc. (NYSE:  QCP) (“QCP” or the “Company”) announced today that it has agreed with HCR ManorCare, Inc. and HCR III Healthcare, LLC, the Company’s principal tenant (collectively, “HCR ManorCare”) to extend the deadline for HCR ManorCare’s response to QCP’s receivership complaint to October 18, 2017, subject …

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Columbia Pacific Advisors To Acquire Hawthorn Retirement Group

SEATTLE–Columbia Pacific Advisors and its founders, some of the most experienced investors in U.S. senior housing, have announced the pending acquisition of Hawthorn Retirement Group, a Vancouver, Wash.-based firm that owns and operates senior housing communities in North America. Hawthorn is a vertically integrated senior living company that owns, develops …

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