Senior Housing Investments & Transactions: Transforming Age’s $138 Million Portfolio Buy

Transforming Age Acquires $138 Million Portfolio  Transforming Age, formerly known as Presbyterian Retirement Communities Northwest, acquired an eight-property portfolio totaling more than 1,000 units for $138 million.  The portfolio, located across the Twin Cities, was acquired from a joint venture between Des Moines, Iowa-based LCS and Chicago-based Harrison Street Real Estate.  “Transforming Age saw the […]

Senior Housing Investments & Transactions: AdCare Completes $55 Million Portfolio Sale

AdCare Sells Nine Properties for $55 Million  AdCare Health Systems, Inc. (NYSE: ADK), a self-managed health care real estate investment company that primarily invests in senior living and long-term care properties, has completed the sale of nine properties in Arkansas. The properties were sold to affiliates of Skyline Healthcare LLC, the current operator of the […]

Senior Housing Investments & Transactions: Ensign Group Completes 18-SNF Acquisition

Ensign Group Completes Acquisition of Legend Healthcare The parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care, assisted living and urgent care companies, The Ensign Group, Inc. (NASDAQ: ENSG), has completed its previously announced acquisition of 18 skilled nursing operations in Texas. All facilities were previously operated […]