Home / Financial (page 4)

Financial

MedCore Partners, Together with SunTrust Bank and Trinity Private Equity Group, Announce Closing of Four-Asset Assisted Living and Memory Care Portfolio

DALLAS–MedCore Partners, together with SunTrust Bank and Trinity Private Equity Group, announce the closing of a 409-unit assisted living and memory care portfolio in four markets across Arizona Utah, and immediately upon closing on the assets, Watermark Retirement Communities took over the management of each of the properties. With a …

Read More »

Northern California Seniors Housing Asset Sale Brokered by IPA

ORANGEVALE, CA–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Almond Heights Senior Living, a 117-unit assisted living and memory care facility in Orangevale, CA. “Opened in September 2015, Almond Heights is a Class A facility that stabilized quickly and demonstrated strong occupancy …

Read More »

NHI Purchases Vero Beach Senior Living Facility For $38 Million

MURFREESBORO, TN–National Health Investors (NYSE:NHI) announced Feb. 4 the purchase of the Isles of Vero Beach, a senior living community in Florida owned by an affiliate of Holiday Retirement (“Holiday”). The community consists of 157 independent living units and 75 assisted living units. The community was acquired for $38 million …

Read More »

Genesis HealthCare Enters Into Partnership to Buy Back Real Estate Historically Leased From Welltower Inc.

KENNETT SQUARE, PA–Genesis HealthCare (Genesis or the Company), one of the nation’s largest providers of post-acute care services, announced Feb. 4 that it has entered into a real estate partnership (Partnership) with Next Healthcare Capital (Next) involving 15 skilled nursing facilities previously leased from Welltower Inc. (Welltower). Seven additional facilities …

Read More »