Grandbridge Real Estate Capital’s subsidiary relationship with BB&T gives the lender a broad platform for seniors housing financing.
Company News
TOLEDO, Ohio — Health Care REIT Inc. (NYSE:HCN) has added Colin Catherwood as vice president – investments, Canada. Catherwood will lead HCN’s new office in Toronto, Ontario. He is responsible for managing the company’s Canadian portfolio and identifying and managing growth opportunities in Canada.
BRIDGEWATER, N.J. — The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) have recognized Avalon Assisted Living at Bridgewater with a National Quality Award. The assisted living facility is one of only four NCAL members in the country to receive the award.
HUNT VALLEY, Md. — Omega Healthcare Investors Inc. (NYSE: OHI) has declared a prorated dividend of 36 cents per share of Omega’s common stock in view of the pending acquisition of Aviv REIT Inc. (NYSE: AVIV), pursuant to a merger of Aviv with and into a wholly owned subsidiary of Omega.
TOLEDO, Ohio — Health Care REIT Inc. (NYSE: HCN) has completed its underwritten public offering of 17 million shares of common stock at $75.50 per share. HCN granted the underwriters an option to purchase up to an additional 2.5 million shares during the next 30 days.
CHICAGO — Ziegler, a specialty healthcare investment bank and broker-dealer, has hired Eric Smith, managing director; Chris Claps, senior vice president; and Dan Contardi, vice president. The three comprise a newly formed specialty healthcare private equity practice.