The deal will bring Genesis» Lone Star State portfolio to one lone
leased skilled nursing facility, -LSB-...]
Chicago - based Care Capital acquires and
leases skilled nursing facilities and other health - care properties.
Not exact matches
During Q4 - 17, Omega completed $ 71 million in new investments consisting of $ 40 million purchase
lease transaction for six
Skilled Nursing facilities in Texas and $ 31 million in CapEx spending.
The portfolio is master
leased to LaVie Care Centers, an operator of 208 post - acute /
skilled nursing facilities in the United States.
The sites are triple - net
leased to tenants affiliated with national operators of assisted living, memory care, and
skilled nursing facilities, with weighted average
lease terms of 10.5 years, and will be managed by those operators.
Cambridge Realty Capital Companies has its own private equity arm, Cambridge Investment and Finance Company, LLC, to act as a principal and acquire senior housing properties in the form of an operating
lease on
skilled nursing facilities, or, more typically, as a third - party operator / property manager for assisted living, memory care, and independent living
facilities.
In a move to reduce its debt, raise some cash and focus on its core markets, the beleaguered Genesis HealthCare announced a definitive agreement to sell 23 Texas
skilled nursing facilities that comprise 22 owned buildings and one
leased.