BIRMINGHAM, Ala. — HealthSouth Corp. (NYSE: HLS), a Birmingham-based provider of post-acute healthcare services, has agreed to acquire CareSouth Health System Inc., an August, Ga.-based home health provider, for $170 million.
BLOOMINGTON, Ind. — Health Care REIT Inc. (NYSE: HCN) has purchased Stonecroft Health Campus, a skilled nursing facility in Bloomington and the first-ever seniors housing community built using a crowd-funding platform, for $18.1 million.
PORTLAND, Ore., and ROSCOMMON, Mich. — National Health Investors (NYSE: NHI) has acquired senior living communities in Oregon and Michigan through two separate transactions for a combined purchase price of $12.7 million.
COLUMBUS, Ohio — Huntington Bancshares Inc. has named financial services veteran John Langenderfer the company’s director of healthcare sales and origination.
FRONT ROYAL, Va. — Commonwealth Assisted Living at Front Royal, an assisted living community in Front Royal approximately 70 miles west of Washington, D.C., has hired two new members of its senior leadership team at the community.
FRISCO, Texas — Civitas Senior Living has revealed its plans for La Fontaine, a 28-unit memory care community in Frisco, a northern suburb of Dallas.
CARMEL, Ind. — Skilled nursing facility developer Mainstreet has added six new employees to its Carmel headquarters.
CONROE, Texas — Lancaster Pollard private equity program, Propero Seniors Housing Equity Fund, has provided $26.7 million to develop Woodhaven Village, a new seniors housing community in Conroe, about 40 miles north of Houston.
CHICAGO — Seniors housing REIT Ventas Inc. (NYSE: VTR) has promoted Christian Cummings and Nicholas Jacoby to senior vice president positions in its asset management business.
ROSCOMMON, Mich. — Evans Senior Investments (ESI) has arranged a $6 million sale-leaseback deal for The Brook of Roscommon, a 42-unit assisted living and independent living community in rural Northern Michigan.