Avalon Assisted Living Earns National Quality Award

BRIDGEWATER, N.J. — The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) have recognized Avalon Assisted Living at Bridgewater with a National Quality Award. The assisted living facility is one of only four NCAL members in the country to receive the award.

Omega Prorates Dividend in Connection with Acquisition of Aviv

HUNT VALLEY, Md. — Omega Healthcare Investors Inc. (NYSE: OHI) has declared a prorated dividend of 36 cents per share of Omega’s common stock in view of the pending acquisition of Aviv REIT Inc. (NYSE: AVIV), pursuant to a merger of Aviv with and into a wholly owned subsidiary of Omega.

Mease Manor Purchases Florida Church Building

CLEARWATER, Fla. — Mease Manor, a retirement community located in Dunedin, has purchased a 27,453-square-foot church and educational facility on a 4.91-acre lot at 1625 Union Street in Clearwater. The purchase price was $1.1 million.

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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