The Village at Victory Lakes’ M&A Activity Highlighted in LevinPro Database
The Village at Victory Lakes has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a not for profit skilled nursing facility situated at 1055e Grand Ave in Lindenhurst, Illinois. It was incorporated on February 27, 1940. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving The Village at Victory Lakes in its deal database, which is available to subscribers. LevinPro has a comprehensive understanding of the market dynamics and offers detailed insights into thousands of M&A deals, especially... Read More »Pearl At The Tillers: A Merger or Acquisition Highlight in LevinPro Database
Pearl At The Tillers has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 4390 Route 71 in Oswego, Illinois. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Pearl At The Tillers in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on subscription options, visit... Read More »
Lument Hires Chris Cain
Chris Cain has made the move from Berkadia to Lument, joining the firm as a managing director focused on origination efforts from seniors housing and healthcare clients throughout the United States. Based in Dallas, Texas, he will report to Aaron Becker, senior managing director and head of seniors housing and healthcare production at Lument. Since 2011, Cain has originated over $6 billion in construction, term, and permanent debt. Besides Berkadia, he previously held roles with Commerce Bank and BBVA. Keller Augusta arranged the placement. Read More »
LCB Establishes CEO Succession Plan
LCB Senior Living announced that CEO Michael A. Stoller will be stepping down effective October 1 and that current CIO Danielle Breton and COO Timothy DuRoss have been named as co-CEOs moving forward. Stoller will remain active in the company as chairman of its board. The move comes after LCB acquired five new management contracts over the past year, while completing construction and opening its newest community, The Residence at Bedford. LCB currently owns and/or operates 41 seniors housing communities across Massachusetts, Connecticut, Vermont, New Hampshire, Rhode Island, New Jersey and Pennsylvania. Read More »
New Tenant Secured for Mass SNF
A state-of-the-art rehabilitation and skilled nursing facility in Danvers, Massachusetts (Boston MSA) secured a new operator and lease arrangement. The developer/landlord and existing tenant engaged Blueprint’s Michael Segal, Ben Firestone, Daniel Waldhorn and Steve Thomes to run a strategic marketing process, which yielded three lease proposals. A growing East Coast-based operator that had recently expanded into Massachusetts with its first acquisition earlier this year was eventually chosen as the new operator/tenant. Located across the street from Beverly Hospital at Danvers and within close proximity to several other referral sources in a densely populated suburb, the facility was... Read More »Schedule a demo
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