Sabra Health Care REIT (Nasdaq: SBRA) has made some major skilled nursing waves over the past year, with its acquisition of Care Capital Properties and ongoing attempts to shed assets operated by troubled provider Genesis Healthcare (NYSE: GEN). Rick Matros, the Irvine, Calif.-based real estate investment trust’s (REIT) CEO, has been outspoken about the changes sweeping the […]
ProMedica
Welltower Inc.’s (NYSE: WELL) proposed $1.95 billion acquisition of Quality Care Properties (NYSE: QCP) may have hit a bump in the road. QCP on Tuesday announced that it has received an acquisition proposal from a third party, and that the real estate investment trust’s (REIT’s) board of directors believes the proposal could reasonably be expected to […]
The acquisition of HCR ManorCare by nonprofit health system ProMedica could be a sign of things to come for senior housing and care. Specifically, health systems and managed care organizations are increasingly seeing the value in owning senior living and skilled nursing providers, and they could become more active buyers in the future—particularly if this […]
Welltower Inc. (NYSE: WELL), one of the largest owners of senior housing properties in the United States, has reached an agreement to acquire another major player in the sector, Quality Care Properties (NYSE: QCP), in a $1.95 billion all-cash deal. Under this deal, Welltower will own the real estate of major post-acute provider and former […]
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