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Signature HealthCARE Acquires Operations of 18 Care Capital Properties Skilled Nursing Facilities

LOUISVILLE, Ky. — Signature HealthCARE LLC, a Louisville-based skilled nursing operator, has acquired the operations of 18 skilled nursing facilities from Elmcroft Senior Living Inc. for an undisclosed price. Care Capital Properties (CCP), a Chicago-based skilled nursing REIT, owns the facilities, all but one of which are located in Kentucky.

Avanti to Build $15M Community near New Orleans

COVINGTON, La. — Avanti Senior Living, a developer and operator of luxury seniors housing properties, has announced plans to build Avanti Senior Living at Covington, an assisted living and memory care community in the New Orleans suburb of Covington.

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