TOLEDO, Ohio — Fitch Ratings has raised the corporate credit rating of Health Care REIT Inc. (NYSE:HCN) to BBB+ with a stable outlook from BBB. The report cites the company’s private pay portfolio in strong demographic areas and relationship investing strategy, ability to generate steady cash flow growth and improving credit metrics for the upgrade.
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TERRE HAUTE, Ind. — Mainstreet and Trilogy Health Services are preparing to open a new seniors community, Harrison’s Crossing Health Campus, in Terre Haute. Located at 395 8th Ave., Harrison’s Crossing Health Campus will provide transitional care (short-stay rehabilitation and therapy) and assisted living.
Lancaster Pollard has refinanced $23.2 million fixed-rate, taxable notes insured by the FHA Sec. 232/233(f) Program and a $5.3 million bridge-to-agency loan, provided by the firm, for two properties: Marina Bay, a 167-bed skilled nursing facility in Quincy, Mass., and West Acres, a 138-bed skilled nursing facility in Brockton, Mass.
SEATTLE — Colliers International, commercial real estate services company, has appointed marketing executive Christine Schultz as the firm’s global chief marketing officer. Schultz will be responsible for driving the growth of the firm’s brand worldwide.
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.
WESTMINSTER, Colo. — LTC Properties, Inc. (NYSE:LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, and Anthem Memory Care have opened a new 60-unit memory care community located in Westminster, Colo., near Denver.
WASHINGTON — U.S. News & World Report, publisher of Best Hospitals and Best Children’s Hospitals, has released its Best Nursing Homes 2015, highlighting the top nursing homes in every state and nearly 100 major metropolitan areas. The ratings cover almost 16,000 nursing homes nationwide and are freely available.