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.
ATLANTA — Regional Health Properties Inc. (NYSE: RHE) has completed the previously announced merger with its former parent company, AdCare Health Systems.
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) has acquired 21 skilled nursing facilities in a sale-leaseback transaction with an undisclosed West Coast operator for $378 million.
AUSTIN, Texas, and GLEN ELLYN, Ill. — Private equity firm Thrive FP has acquired two memory care communities, Autumn Leaves of Northwest Austin in Austin and Autumn Leaves of Glen Ellyn in Glen Ellyn, for an undisclosed price.
