Senior Care Development and Fundamental Advisors made a major skilled nursing play earlier this month with the announcement of a $1 billion joint venture aimed at nursing home acquisitions. It’s a move that may have raised some eyebrows, given the general unease about the long-term care space among investors, but the CEO of Senior Care […]
A struggling skilled nursing property company that’s behind on loan repayments is causing some financial trouble for HCP Inc. (NYSE: HCP). The Irvine, California-based real estate investment trust (REIT) is expecting that the resulting material impairment will exceed $20 million. The skilled nursing entity in question—Tandem Health Care—currently owns 32 post-acute or skilled nursing facilities, […]
By continuing to use the site, you agree to the use of cookies. More Information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy.
