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RED Teams Up With Sentio To Provide $20M Balance Sheet Construction Loan Financing For Senior Housing Community in Georgetown, TX

COLUMBUS, OH–Working together, RED Capital Partners, LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED Capital Group, LLC, and Sentio Healthcare Properties Inc. (Sentio) collaborated on a $41.9M loan to finance the development of a Class A senior living community in Georgetown, Texas, an affluent suburb …

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Welltower Completes Acquisition Of Premier Seniors Housing Portfolio

TOLEDO, OH–Welltower Inc. (NYSE: HCN) today announced it has completed the previously announced acquisition of the Vintage Senior Living portfolio for a purchase price of $1.15 billion. The 19-property portfolio offers a combination of independent living, assisted living and memory care in premium locations concentrated in Southern and Northern California, …

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National Investment Center Data Show Occupancy At 82.2% And Slowing Decline In Managed Medicare Reimbursement To Nursing Homes

ANNAPOLIS, MD–-The National Investment Center for Seniors Housing & Care (NIC) today released its second-quarter 2016 NIC Skilled Nursing Data Report, showing that occupancy and the managed care (managed Medicare) daily reimbursement rate declined in the second quarter of 2016, while the Medicaid daily reimbursement rate increased. The daily reimbursement …

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AdCare Health Systems Reports Second Quarter 2016 Results

ATLANTA– AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today reported results for the three months and six months ended June 30, 2016. Business Update •Entered into a …

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Brookdale Announces Second Quarter 2016 Results

NASHVILLE–Brookdale Senior Living Inc. (NYSE:  BKD) ("Brookdale" or the "Company") today reported financial and operating results for the second quarter of 2016. Highlights included: •Total revenue was $1.3 billion for the second quarter of 2016, an increase of 1.7% from the second quarter of 2015.  •Net loss of $35.5 million …

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