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NHI Announces Lease Amendment with Holiday Retirement

MURFREESBORO, TN–National Health Investors (NHI) has entered into a lease amendment and guaranty release the (“Agreement”) with our tenant, an affiliate of Holiday Retirement (“Holiday”). The Agreement extends the term of the lease, increases required minimum capital expenditure per unit and provides NHI with stronger proforma 2019 lease coverage ratio. …

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Dwight Capital Announces the Closing of $13+ Million in Bridge Financing on a Three SNF Portfolio

NEW YORK–Dwight Capital is pleased to announce the closing of $13+ million in bridge financing on a three SNF Portfolio (270 beds) located across Tennessee. The facilities—Brookhaven Manor, Countryside Healthcare and Rehabilitation, and Huntsville Manor—are located in Kingsport, Lawrenceburg and Huntsville, respectively, and offer both long and short term 24-hour nursing …

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Seniors Housing And Care M&A Volume Maintains Near-Record Activity In Q3:2018, According to Acquisition Data from Irving Levin Associates, Inc.

NORWALK, CT–The number of publicly announced seniors housing and care acquisitions in the third quarter of 2018 topped 100 transactions for the second quarter in a row, with 103 total transactions announced, based on new acquisition data from Irving Levin Associates. That represents a slight decrease from the second quarter’s …

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$32.39 Million Seniors Housing Asset Trades Hands in Suburban Denver

WESTMINSTER, CO–Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the San Marino Retirement Community, a 185,871-square-foot independent living, assisted living, and memory care community in Westminster, Colorado. The asset sold for $32,390,000. …

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