HealthLease Properties REIT Acquires Senior Care Facility for $34.3 Million HealthLease Properties Real Estate Investment Trust recently announced it had completed the acquisition of a Canadian senior care facility in High River, Alberta, from Continuum Healthcare Holdings, Ltd. for $34.3 million. Sunrise Village High River is a newly built facility with 176 units that provide […]
The Ensign Group
The Ensign Group, Inc. (Nasdaq: ENSG) has announced it is moving forward in the upcoming completion of its healthcare and real estate business split into two separate and independent, publicly-traded companies: The Ensign Group, Inc. and CareTrust REIT, Inc. The company announced the REIT spinoff earlier this year and said this week it is nearing […]
Sabra Acquires Senior Housing Campus for $24M, Makes Development Investment Sabra Health Care REIT, Inc. (NASDAQ:SBRA) recently acquired a senior housing campus in Fort Wayne, Indiana for $23.8 million and announced a preferred equity investment of $1.7 million for the completion of a memory care community in Colorado Springs, Colo. The newly acquired campus, Park Place, has […]
Construction: Planned $10 Million Assisted Living Community Planned for Jackson, Michigan Lloyd Ganton Retirement Centers, a Michigan-based senior living provider, will invest at least $10 million into a new living center that will house about 190 seniors in Jackson, MI, reports MLive. Project plans call for independent and assisted living units, as well as a […]
Mainstreet Property Group and The Ensign Group, Inc. (NASDAQ: ENSG) today announced they will embark on a partnership that will start with the development of five new “healthcare resorts” in Texas and Kansas. The joint venture partners will team up to develop and operate what they are calling NextGeneration Medical Resorts, which will be full-service […]
Skilled nursing and assisted living provider the Ensign Group (Nasdaq: ENSG) announced it has completed a $48 million settlement with the Department of Justice over longstanding claims that the company accepted overpayment by federal health care programs. The claims date back to 2006. While Ensign has agreed to pay a one-time lump sum of $48 […]
Ensign Acquires Three Senior Living & Care Communities The Ensign Group, Inc. (Nasdaq: ENSG) announced today that it has acquired three senior care properties—an assisted living community and two skilled nursing facilities. Cascade Plaza, a 90-unit assisted living community in Redmond, Washington and its sister facility Cascade Vista, 110-bed skilled nursing center will both be […]
Capital Senior Living Buys Senior Care Property for $6.6 Million Capital Senior Living recently purchased an assisted living and memory care community in Elkhorn, Neb., for $6.6 million in a transaction handled by Senior Living Investment Brokerage. Marquis Place of Elkhorn, located in a suburb of Omaha, was built in 2002 with an addition completed […]
Lancaster Pollard Closes $63.4 Million Refinance for Trilogy Health Services Lancaster Pollard recently closed on a $63.4 million portfolio refinance for Trilogy Health Services, LLC, which operates multiple senior care communities throughout Kentucky, Illinois, Indiana, Ohio, and Michigan. The transaction refinanced eight of Trilogy’s facilities, comprising a total of 568 skilled nursing beds and 340 […]
Lancaster Pollard Closes $107.4 Million of Loans in November Lancaster Pollard closed 16 senior living transactions for a total loan amount of $107.4 million. The 16 facilities, all located in the Midwest, contained a total of 1,239 skilled nursing beds and 416 assisted living units. All the financings used the FHA Sec. 232/223(f) to refinance […]
Subscribe
Receive industry updates and breaking news from SHN