HCN completes $1.5 billion stock offering

TOLEDO, Ohio — Health Care REIT Inc. (NYSE: HCN) has completed its underwritten public offering of 17 million shares of common stock at $75.50 per share. HCN granted the underwriters an option to purchase up to an additional 2.5 million shares during the next 30 days.

Yardi Releases New CRM Software for Seniors Housing

SANTA BARBARA, Calif. — Yardi has released its new Yardi Senior CRM product, a customer relationship management software built into the Yardi Voyager Senior Housing platform and integrated with all the Yardi Senior Living Suite products.

AdCare Health Systems Leases Two Facilities in Georgia

ATLANTA — AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA), a long-term care provider, has signed an agreement with affiliates of Wellington Healthcare Services, an operator of long-term care facilities, to lease two of its skilled nursing facilities in Georgia. The move is part of AdCare’s ongoing strategic plan to transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company.

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