Last month, Extendicare Inc. (NYSE: EXE) announced that as part of its restructuring, which will include converting its skilled nursing operations into a Canadian REIT, the assisted living component, Assisted Living Concepts (ALC), will be spun out into a separate New...
Formation Capital Sells Six Skilled Nursing Portfolios For more than a year, the market knew that privately held Formation Capital was looking to recapitalize the vast majority of its skilled nursing holdings. The most talked about option was to transfer these...
Email Editor Mega-deals, among their many attractions, are interesting because of the way they may change the landscape of an industry. By all rights, Thermo Electron Corporation’s (NYSE: TMO) proposed $12.8 billion acquisition of Fisher Scientific International, Inc....
Within a week of the Centers for Medicare and Medicaid Services (CMS) issuing its revised guidelines for changes in Medicare reimbursement for long-term acute care (LTAC) hospitals, Ventas (NYSE: VTR) sent its long-awaited (or dreaded) rent reset proposal notice to...
Email Editor The month of April saw a surge of dealmaking in the Medical Device sector, with a total of 14 transactions announced. Based on revealed prices, the total amount spent to fund this activity was $4.7 billion, or 59% of all M&A dollars spent during the...
With prices at record highs and cap rates at record lows in the seniors housing market, it has been said that almost everything could be available for sale in an environment not really seen before, and one that we may not ever see again (although this bull market...