Seniors Housing Business published nearly 1,000 news briefs, columns, articles and reports in 2017. Below are the 10 most-read items for the year:
News
NEW YORK CITY — A joint venture between Fort Schuyler Housing Development Co., Smith & Henzy Advisory Group Inc., MDG Design + Construction LLC, Concord Management of New York and partners has unveiled a $52.7 million renovation and refinancing plan for Fort Schuyler House, a 139-unit affordable seniors housing development in the Bronx.
The Ensign Group Receives $112M HUD Refinancing for 17-Property Seniors Housing Portfolio
by Jeff Shaw
MISSION VIEJO, Calif. — The Ensign Group Inc. (NASDAQ: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, has completed a $112 million portfolio financing.
ARLINGTON, Va., CHARLOTTESVILLE, Va., BOCA RATON, Fla., and SILVER SPRINGS, Md. — Welltower Inc. (NYSE: HCN), the largest REIT in the seniors housing sector, has agreed to acquire a portfolio of four continuing care retirement communities (CCRCs) for $368 million. Senior Housing Properties Trust (NASDAQ: SNH) is selling the properties, which are located in the Washington D.C., Miami and Charlottesville, Va., areas.
CEDARBURG, Wis. — LTC Properties Inc. (NYSE: LTC) has entered into a joint venture with affiliates of Tealwood Senior Living and developer Tukka Properties to develop a $23 million independent living, assisted living and memory care community in the Milwaukee suburb of Cedarburg.