Assisted 4 Living (OTC: ASSF) marked the next phase in its evolution as a multi-faceted health care company, with its rebranding to Arboreta Healthcare announced on Monday. Arboreta, parent company of Arboreta Health & Rehabilitation skilled nursing and long-term care centers and Arboreta Assisted Living Communities, has accomplished a “striking turnaround” over the past year, […]
Trillium Healthcare Group
Diversified health care company Assisted 4 Living (OTC: ASSF) on Tuesday announced it acquired Trillium Healthcare Group assets for an undisclosed sum. Trillium, a post-acute health care company with operational insight into the skilled nursing industry for more than 10 years, is a wholly-owned subsidiary of Assisted 4 Living. This isn’t the first time Braedenton, […]
CareTrust REIT (Nasdaq: CTRE) on Friday announced a pending $37 million deal to sell six skilled nursing facilities in Michigan after the associated operator indicated its intention to leave the buildings — and also stop paying rent during the transition. The San Clemente, Calif.-based real estate investment trust (REIT) discovered this past quarter that Metron […]
CareTrust REIT (Nasdaq: CTRE) emphasized the importance of local knowledge for skilled nursing operators in its second-quarter earnings call held on Wednesday, both in the case of a planned operator switch in Ohio and in the skilled nursing market more broadly. Specifically, the San Clemente, Calif.-based real estate investment trust (REIT) is looking to sell […]
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