389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
property type: Assisted Living/Health Care
Merrill Lynch Leading $379 Mln U.K. Securitization
February 10, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterMerrill Lynch International is leading a ?235 million (US$379.4 million) securitization deal in England, among the first of what many industry watchers expect to be many overseas deals.Collateral is made up ...
Marriott, Toll Brothers to Develop Assisted Living Properties
February 9, 2000 WASHINGTON – Marriott Senior Living Services, a division of Marriott International Inc. (NYSE:MAR), and Toll Brothers Inc. (NYSE:TOL) have partnered to develop and manage an assisted living community in Reston, Va.Marriott MapleRidge of Reston, to be developed ...
Meditrust Files S-3
February 6, 2000 Meditrust Corp. (NYSE:MT) has filed a Form S-3 (Registration Statement) with the SEC.
Meditrust Raises $236 Mln from Asset Sales
February 3, 2000 NEEDHAM, Mass. – The Meditrust Cos. (NYSE:MT) has sold its medical office building management company for $204 million. It also sold several assisted-living facilities for a total of $32 million.The REIT sold its Paramount Real Estate Services ...
Meditrust Restructuring Seen As Positive Step: Duff & Phelps
February 1, 2000NEEDHAM, Mass. – The Meditrust Cos. (NYSE: MT) has adopted a reorganization plan that will effectively take it out of the healthcare industry and reduce its leverage.As a result of the reorganization, the REIT is suspending its common ...
Hospice Finalizes Agreement to Buy Office Building
December 30, 1999Associated PressBRANFORD, Conn. – Connecticut Hospice Inc. has finalized an agreement to pay $16.9 million for a three-story, 61,120-square-foot building on the shore of Long Island Sound.The facility – which provides care and comfort to people with cancer, ...
Greenlight Capital Has 8.8% Assisted Living Concepts Stake
December 30, 1999 (NewsTraders.com) -- Greenlight Capital L.L.C. filed today to report holding an 8.8% stake in Assisted Living Concepts Inc. (AMEX:ALF)In a 13-D filing, Greenlight, along with its principals, David Einhorn and Jeffrey Keswin, documented ownership of 1.6 million ...
MuniMae Structures $14.6-Mln Tax-Exempt Bond Financing
December 14, 1999 BALTIMORE – Municipal Mortgage & Equity LLC (NYSE:MMA) has structured $14.2 million of tax-exempt mortgage revenue bonds for the property known as Meridian at Bridgewater, an assisted-living facility in Bridgewater, N.J.The 30-year bonds, issued by the New ...
Meditrust Corp. Files SC 13G/A
December 6, 1999 Meditrust Corp. (NYSE: MT) has filed a Form SC 13G/A (Amended Statement of Beneficial Ownership) with the SEC.
ElderTrust Cuts Dividend to $0.30/shr from $0.365/shr
November 29, 1999 KENNETT SQUARE, Pa. – ElderTrust (NYSE:ETT) has reduced its dividend to 30 cents/share from 36.5/share.The annual dividend rate is projected to be $1.20 share, down from $1.46/share.The reduction "reflects the expected decrease in cash available for distribution ...
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