property type: Assisted Living/Health Care

June 19, 2001 NEWTON, Mass. – Senior Housing Properties Trust (NYSE:SNH) has priced an offer of 1 million 10.125 percent trust preferred securities at $25/security.The distribution rate is $2.53 per security per year and is paid quarterly. The maturity is ...

June 18, 2001 NEW YORK – Fitch has upgraded Morgan Stanley Capital I Inc., 1997-C1, because the performance of the collateral pool has improved and loan paydowns have resulted in increased subordination levels.The rating agency upgraded the deal's: – $51.3 ...

June 15, 2001 TOLEDO, Ohio – Health Care REIT (NYSE:HCN) has priced an offering of 3 million common shares at $22.75/share, giving it proceeds of $68 million.The proceeds will be used to repay borrowings under the company's revolving credit line ...

June 14, 2001 JACKSON HEIGHTS, N.Y. – Greystone Servicing Corp. Inc. has provided a $41.5 bridge loan to the owner of the Regal Heights Rehabilitation and Health Care Center.Terms of the financing were not disclosed.Jackson Heights Realty Associates LLC used ...

June 13, 2001 NEW YORK - Standard & Poor's assigned its double-B-plus corporate credit rating to Senior Housing Properties Trust.In addition, a double-B-minus rating was assigned to the company's proposed trust preferred securities to be issued off the company's recently ...

June 12, 2001 NEWTON, Mass. – Senior Housing Properties Trust (NYSE:SNH) will sell $50 million of preferred securities.The preferred securities will have a liquidation preference of $25/share. The offering is expected to occur later this month, at which time the ...

June 12, 2001 ANN ARBOR, Mich. – Omega Healthcare Investors Inc. (NYSE:OHI) has appointed C. Taylor Pickett as chief executive officer, effective immediately. Prior to joining the REIT, Pickett served as the executive vice president and chief financial officer of ...

June 7, 2001 BEVERLY HILLS, Calif. - G&L Realty Corp. (NYSE:GLR) has received an offer to buy at least the majority of its stock or the entire company.Under terms of the proposal, Lyle Weisman and his associates would either purchase ...

June 7, 2001 NEW YORK – Moody's Investors Service has downgraded Morgan Stanley Capital I Inc., 1998-CF1, because the collateral pool of mortgages has deteriorated since securitization.Even though property performance has suffered, subordination levels have actually improved because of a ...

June 6, 2001KENNETT SQUARE, Pa. - Genesis Health Ventures Inc. and The Multicare Companies Inc. have filed a joint plan of reorganization with the U.S. Bankruptcy Court.The companies filed for bankruptcy protection on June 22, 2000. The plan calls for ...