The Ensign Group acquires Texas post-acute care campus The Ensign Group (Nasdaq: ENSG) completed the acquisition of Golden Palms Rehabilitation and Retirement, a post-acute care campus in Harlingen, Texas. The campus includes 38 assisted living beds, 92 independent living units and a 60-bed skilled nursing facility. Ensign Group acquired the real estate and operations. LTC […]
LTC Properties
Coworking companies such as WeWork, Spaces by Regus and MakeOffices have redefined the office real estate landscape, and senior living companies of all sizes are benefiting from the disruption. Smaller scale or startup companies in senior living are using coworking offices to establish a professional office environment — complete with technical infrastructure and flexible lease […]
A persistent pricing disconnect in the senior housing M&A market is limiting acquisitions for LTC Properties (NYSE: LTC), CEO Wendy Simpson said Thursday in announcing Q1 2019 earnings. The Westlake Village, California-based real estate investment trust (REIT) is taking advantage of current market dynamics to sell some properties and also has been trying to resolve […]
After a year marked by troubled operators and a senior housing acquisition drought, LTC Properties (NYSE: LTC) enters 2019 not quite out of the woods. “It was one step forward, two steps back on the tenant front for LTC in 4Q18,” analysts with financial services company Mitsubishi UFG Financial Group (MUFG) wrote, commenting on the […]
English Meadows Senior Living is in growth mode and has gotten off to a quick start striking deals in 2019. Last week, the Christianburg, Virginia-based owner-operator acquired Mountainside Senior Living Communities, an affordable assisted living and memory care community in Crozet, Virginia. On Monday, Westlake Village, California-based health care real estate investment trust (REIT) LTC […]
A senior housing and long-term care operator that has managed properties for two sizable real estate investment trusts (REITs) is filing for bankruptcy. Senior Care Centers is filing for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas, the company announced Tuesday. The move will allow the Dallas-based company to tackle […]
Senior housing is no longer an under-the-radar investment opportunity and is now considered an institutional-grade asset class for real estate investors. But the pool of investors grows, however, as some noticeable headwinds are starting to form. Those future headwinds and other obstacles were on the minds of the panelists on Senior Housing News’ Finance & […]
The dealmaking environment in senior housing and care continues to limit investment activity for LTC Properties (NYSE: LTC), with even moderately large acquisitions tough to come by. And there are no signs that this situation will change in the near term, according to Wendy Simpson, CEO of the Westlake Village, California-based real estate investment trust […]
Date: November 28 Time: 1-2pm CST Register Now Over the last year, senior living owners and investors have seen turmoil when it comes to the headlines driving the senior living business, with talk of over-supply and occupancy challenges. Stories about large transactions, new development, repositioning and a healthy debate about health care versus hospitality have […]
Hurricanes Florence and Michael have exacted a steep toll on senior living providers throughout the Southeastern United States, including Affinity Living Group. Affinity is the largest provider in the region and one of the largest in the nation, operating more than 140 communities across six states. With about 90 of those facilities in the Carolinas, […]
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