Healthpeak Properties (NYSE: PEAK) has more credit at its disposal. The Denver-based real estate investment trust (REIT) announced on Monday that it closed on a new unsecured revolving credit facility, with commitments totaling $3 billion. The facility reduces Healthpeak’s borrowing costs and extends the maturity date to Jan. 30, 2026. Furthermore, the REIT controls two […]
Benedictine Health System
Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]
Ten senior housing and care providers in the Twin Cities area of Minnesota will be offering a new Medicare Advantage special needs plan to their residents next year. The plan is a collaboration between the 10 senior living companies, Minneapolis-based nonprofit health plan Medica and integrated care provider Genevive. The senior living providers together have […]
AHCA/NCAL Elects New Board of Governors, Directors The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has recently elected AHCA’s board of governors and NCAL’s board of directors for the 2017/2018 term at its annual convention in Las Vegas. Among the new officers, both boards selected new chairs for the coming year: […]
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