Invesque: Great progress but pandemic still creating ‘challenging operating environment’
By
Danielle Brown
Aug 14, 2020
The COVID-19 pandemic is still creating a “challenging operating environment” for operators under healthcare real estate investment trust Invesque, executives reported Thursday.
$1.5 billion public offering for Health Care REIT
Mar 03, 2015
Health Care REIT completed its public offering of nearly $19.6 million shares, for a total gross proceed of around $1.5 billion, the company announced Monday.
Health Care REIT acquires HealthLease Properties REIT
Aug 19, 2014
Health Care REIT Inc. agreed to acquire HealthLease Properties REIT , in a transaction valued at $950 million.
A new day for Sunrise
By
John O'Connor
Jun 01, 2014
Sunrise Senior Living has promoted Chris Winkle to its top executive post. The firm’s former COO replaces Penny McIntyre, who had been on the job for less than six months.
Assisted living residents cannot sue under nursing home law in New Jersey, federal court rules
By
Tim Mullaney
Feb 05, 2014
A state law to protect nursing home residents cannot be invoked to bring a suit against an assisted living provider, a federal judge recently ruled, reversing his earlier decision.
REIT in $173M Merrill buyout
By
James M. Berklan
Aug 01, 2013
Health Care REIT is buying the remaining 20% equity interest in a Merrill Gardens 38-property portfolio, the two companies announced the final week of June. The additional $173 million investment will...
REITs to shed skilled sites
By
Tim Mullaney
Jun 01, 2013
Large real estate investment trusts are looking to get out of the skilled nursing sector, according to the Wall Street Journal.
Major REITs want out of the nursing home sector: report
By
McKnight's Staff
May 02, 2013
Prominent real estate investment trusts are worried about the fiscal challenges facing skilled nursing homes, and some are looking to get out of the sector, according to the Wall Street Journal.
Business briefs
Apr 01, 2013
» Emeritus Senior Living recently said it wants to hire 1,000 veterans by 2018. The assisted living and skilled nursing provider says this is the first such veteran recruiting program in senior care....
Sunrise Senior Living turnaround chief plots new course as company and its acquirer record positive 3rd...
By
McKnight's Staff
Nov 12, 2012
Mark Ordan, the CEO who has directed Sunrise Senior Living’s recovery from near bankruptcy in 2009, will remain as CEO of the company for up to a year after the close of the company’s sale...