WellTower, a healthcare facility provider headquartered in Toledo, Ohio, stirred up a sensation when CEO Tom DeRosa forcefully put down the idea of spinning off a number of the company's
skilled nursing properties into a separate REIT.
Not exact matches
In wrapping up this commentary,
skilled nursing property owners and operators need to consider where they fit
into the spectrum of services offered for their residents, as well as for hospitalized and post-acute care patients in their recovery processes.
Shortly after the acquisition, Ventas CEO Debra Cafaro announced that the Chicago - based health care REIT plans to spin off most of its
skilled -
nursing and rehabilitation
properties into another REIT.
In the current cycle, more established senior housing investors have continued to fund
skilled nursing homes, while new entries
into the business have largely focused on independent living, assisted living and memory care
properties.
INDIANA — LCS, a senior lifestyle services provider, has entered
into a joint venture agreement with Mainstreet
Property Group LLC, of Cicero, Ind. to own and operate the first of several
skilled nursing, short - term...