UPDATED: LTC Properties sells, re-leases or transfers management of 35 Brookdale Senior Living communities
By
Lois A. Bowers
Jan 08, 2024
The REIT expects net proceeds of $23 million and an anticipated net gain of $17 million related to the property sales.
DHC leads the pack as REIT stocks soar at end of year: report
By
Kathleen Steele Gaivin
Jan 08, 2024
Real estate investment trusts for the most part saw their stocks soar as 2023 came to an end, according to S&P Global Market Intelligence. The fourth quarter saw REIT share prices “outperforming the...
Actions & Transactions, Jan. 3
By
Kathleen Steele Gaivin
Jan 03, 2024
Ensign Group acquires SNFs in Nevada, Tennessee … LTC Properties declares monthly cash dividend of $0.19 per common share per month for the first quarter … SLIB negotiates sale of Seattle senior living...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
LTC Properties continues ‘mission of focus’ for remainder of 2023
By
Kathleen Steele Gaivin
Oct 30, 2023
LTC Properties continues its “mission of focus” on sales and investments announced in July, Chairman and CEO Wendy Simpson said on Friday’s third quarter earnings call.
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
Actions & Transactions, Aug. 8
By
Kathleen Steele Gaivin
Aug 08, 2023
LTC Properties re-leases 10 communities from Brookdale Senior Living portfolio … Life Care Services completes first phase of $75 million expansion project at Greensboro, NC, CCRC … Goodman Group breaks...
People in the news, Aug. 1
Aug 01, 2023
Appointments, promotions and other news at Broadview at Purchase College, Covenant Living, Erickson Senior Living, Florida Health Care Association, LeadingAge Florida, LTC Properties, the National Center...