MIAMI, Fla. — The National Association of Real Estate Editors (NAREE) has awarded Seniors Housing Business magazine the Silver Award for Best Commercial Trade Magazine.
Company News
BRENTWOOD, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has announced that Mark Ohlendorf, the company’s president and chief financial officer, will transition from his current dual roles to focus fully on his role as president. The company also announced that Gregory Richard, the company’s chief operating officer, will step down effective Sept. 30.
TOLEDO, OHIO, AND TORONTO — Health Care REIT Inc. (NYSE: HCN) and Revera Inc. (Revera) have entered into a definitive agreement to acquire Regal Lifestyle Communities Inc. (Regal) (TSX: RLC) through an existing 75/25 joint venture for a total value of approximately CA$766 million, or US$623 million.
CARMEL, Ind. — Skilled nursing facility developer Mainstreet has formed a new broker-dealer named Mainstreet Capital Partners LLC. The company is registered with the Financial Industry Regulatory Authority (FINRA) and was created to institutionalize Mainstreet’s fundraising business.