IRVINE, Calif. — HCP Inc. (NYSE: HCP), an Irvine-based healthcare REIT, has closed an amended and restated credit agreement providing for a $2.5 billion unsecured revolving credit facility and a new $250 million unsecured term loan facility.
Company News
WEST DES MOINES, Iowa — Lifespace Communities, a nonprofit owner-operator based in West Des Moines, has agreed to acquire three Senior Quality Lifestyles Corp. (SQLC) communities for an undisclosed price. In addition, Lifespace will acquire Seniority Inc., SQLC’s operational subsidiary.
SAN ANTONIO — During its annual Senior Living Executive Conference in San Antonio this week, seniors housing advocacy group Argentum revealed a host of new initiatives for the organization. Among them were drives to offer data on the widespread effects of the industry, ease the burden of hiring and labor issues on operators, and make improvements in food safety and training.
SAN ANTONIO — Argentum, a seniors housing advocacy group, has elected six new directors to its board, as well as announced a new initiative to celebrate the accomplishments of women leaders in seniors housing. The announcements were made at Argentum’s annual conference, being held this year in San Antonio.