HCP In Hot Water Again

January 10, 2018 Steve Monroe Opinion Consulate Health Care, Formation Capital, HCP, HCR ManorCare, Tandem Health Care Leave a comment

We are sure that management at HCP, Inc. is happy that they spun out the HCR ManorCare assets to a new REIT, since they have not had to deal with the continuing rent shortfall, which started when HCP still owned the assets.

Another Financing For Next Healthcare Group

November 10, 2017 Steve Monroe Financings Consulate Health Care, HBS Assets, HJ Sims, HUD, Next Healthcare Group Leave a comment

HJ Sims showed its range of services in recapitalizing two skilled nursing facilities in Florida on behalf of a private healthcare real estate investment firm, Next Healthcare Group (NHG). Sims’ involvement with the facilities goes back to 2013, when it provided a $3.4 million HUD Plus™ subordinate loan to a related company of NHG, HBS […]