Welltower Inc. and hospital operator ProMedica are acquiring Quality Care Properties Inc. for nearly $2 billion in an 80/20 deal. QCP was in the process of purchasing HCR ManorCare, which is emerging from...
Humana buys Kindred to build home health inroads
By
James M. Berklan
Jan 08, 2018
Kindred Healthcare has not only slid off the skilled nursing radar, it’s also been sold — to insurer Humana Inc. and two private equity partners.
Genesis looks to restructure
By
James M. Berklan
Dec 06, 2017
Genesis HealthCare CEO George Hager said the battered nursing home chain hoped to save $54 million per year with new leases — once landlords Welltower Inc. and Sabra Health Care REIT sold their Genesis...
Kindred confirms Ventas deal, will fully leave SNF biz
By
Aug 09, 2017
Kindred Healthcare Inc. confirmed in July its previously announced plan to exit the skilled nursing facility industry.
A surge for healthcare REITs after repeal-effort sputters
By
May 06, 2017
The recent failure of the GOP’s American Health Care Act has left the healthcare industry in a period of pause that’s likely to benefit real estate investment trusts, according to observers.
CareTrust nabs IL SNFs
By
Apr 05, 2017
CareTrust REIT Inc. has purchased five Illinois skilled nursing facilities for $29.2 million, the company announced in March.
CareTrust spends $96 million to purchase four Texas SNFs
By
Feb 05, 2017
CareTrust REIT Inc. acquired a portfolio of four Texas skilled nursing properties for $96 million, the company announced in early December.
Kindred spends $700M with Ventas to ready for SNF exit
By
Jan 06, 2017
Kindred Healthcare Inc. has entered into an agreement to purchase 36 skilled nursing facilities from Ventas ahead of its exit from the skilled nursing sector, the provider announced in November.
Guru predicts consolidation
By
Jan 06, 2017
The skilled nursing sector could see increased operator consolidation in the coming years, according to an official with the National Investment Center for Seniors Housing & Care.
HCP closes on SNF spin-off
By
Dec 06, 2016
HCP Inc. completed its previously announced spin-off of its troubled HCR ManorCare skilled nursing and assisted living portfolio into a new real estate investment trust on Oct. 31.