LOUISVILLE, Ky. — Senior executives for Atria Senior Living sold 50 percent of their existing ownership interest in Atria’s business to Fremont Realty Capital as part of a capital raise for a $1 billion seniors housing development pipeline.
DELRAY BEACH, Fla. — Big Rock Partners has completed the initial public offering for Big Rock Acquisition Corp. (NASDAQ: BRPAU), a special purpose acquisition company (SPAC) that will seek investments in the seniors housing sector.
BETHESDA, Md. — Quality Care Properties Inc. (NYSE: QCP), a Bethesda-based seniors housing owner, has agreed to extend the deadline to Dec. 1 for seniors housing operator HCR ManorCare to respond to QCP’s receivership complaint.
IRVINE, Calif. — HCP Inc. (NYSE: HCP) has unveiled a plan to “significantly reduce” its concentration of Brookdale-operated seniors housing communities.
CHICAGO — Ventas (NYSE: VTR) is planning to transfer operations of 30 of its communities from Elmcroft Senior Living to a new company led by industry veteran Kai Hsiao, according to Ventas CEO Deb Cafaro on this week’s third-quarter earnings call.
BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has officially died, according to a report by Bloomberg.
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing in the United States, has announced that its chief operating officer, Labeed Diab, is resigning to pursue another opportunity.
