BLACKSWAN Real Estate has learned from a reliable source that an offer in the “tens of million of dollars” to purchase a non-essential building owned by St. Vincents was recently submitted to the Grant Thornton restructuring team currently managing the crisis. Furthermore, BLACKSWAN learned that the property in question in lower Manhattan had been marketed [...]
Read more →CHICAGO, Jan 21, 2010 (BUSINESS WIRE) —-Ventas, Inc. (NYSE: VTR) (”Ventas” or the “Company”) said today that it closed on a commitment for $35 million of additional credit capacity under the Company’s Revolving Credit Facilities to mature in 2012. The additional commitment comes from a financial institution that is an existing lender to the Company’s [...]
Read more →Omega Healthcare Investors, Inc. (NYSE: OHI) announced that it has purchased subsidiaries of CapitalSource Inc. (NYSE: CSE) owning 40 long term care facilities and an option to purchase other CapitalSource subsidiaries owning 63 additional facilities for an aggregate purchase price of approximately $294.1 million. This transaction represents the initial closing under the previously announced Securities [...]
Read more →A Month-By-Month Look Back at Projects and Developments — and in Many Cases, Postponements and Cancellations – In Commercial Construction and Development Over the Past 12 Months
For most commercial real estate developers, 2009 can’t end soon enough. In the tight financing market, credit was available for only the most fail-safe construction and development projects.
Many planned [...]
EPIC Corporation (OTC:EPOR) (the “Company”), a healthcare financial services company, announced it has entered into an agreement with Senior Care Holdings, Inc. (”Holdings”), a Florida corporation, to acquire a preferential 50% interest in a to be formed master limited liability company (”Master”). Master is to be the parent company of 10 to 25 operating and [...]
Read more →A Scottsdale-based real-estate investment trust will spend $107 million to acquire 17 medical buildings on or near the campus of Banner Boswell and Banner Del E. Webb hospitals.
Healthcare Trust of America’s deal with Roskamp Management Co. includes an option to purchase two more medical properties totaling about 60,000 square feet. The transaction is expected to [...]
Sep 28, 2009 (FinancialWire via COMTEX) — Select Medical Holdings Corp. (NYSE: SEM) has priced an initial public offering of 30 million shares of its common stock at $10 per share.
This is a primary offering of common shares by Select, with Goldman, Sachs (NYSE: GS), Morgan Stanley (NYSE: MS), BofA Merrill Lynch and J.P. Morgan [...]
LONG BEACH, Calif., Aug 10, 2009 (BUSINESS WIRE) —-HCP (NYSE:HCP) announced that it has successfully completed its $441 million public offering of 17.8 million shares of common stock at a price per share of $24.75, which includes 2.3 million shares sold to the underwriters upon exercise of their option to purchase additional shares. HCP will [...]
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by CJ Follini
“America’s health care system is second only to Japan … Canada, Sweden, Great Britain … well, all of Europe. But you can thank your lucky stars we don’t live in Paraguay!” ………. Homer Simpson, The Simpsons
Maybe it’s just me but the only thing I like less than a visit to [...]
Read more →NEWTON, Mass., Aug 04, 2009 (BUSINESS WIRE) — Senior Housing Properties Trust today announced that it has closed a $512.9 million mortgage financing with Fannie Mae on the following terms:
Amount of loan: [...]
