property type: Assisted Living/Health Care

December 6, 1999 Meditrust Corp. (NYSE: MT) has filed a Form SC 13G/A (Amended Statement of Beneficial Ownership) with the SEC.

November 29, 1999 KENNETT SQUARE, Pa. – J.P. Morgan has provided $30 million of mortgage financing to ElderTrust (NYSE:ETT).The debt, which is secured by four properties, carries a three-year term and floating rate pegged to one-month Libor plus 300 basis ...

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 ...

The former Lazard Freres executive has stayed bullish on skilled-nursing facilities. Fifteen properties have already been picked up.

November 3, 1999 By Brad Berton, VertiNews.com Contributing EditorA Calabasas, Calif., investment group has paid $18.5 million for a 51,407-square-foot outpatient-care center within the Henry Mayo Newhall Memorial Hospital comlpex in Valencia, Calif.The property was acquired through a Chapter 7 ...

November 1, 1999LOUISVILLE, Ky. – Ventas Inc. (NYSE:VTR) said that 95 percent of its lenders have agreed to restructure its debt, including a $275 million bridge loan which came due Oct. 30.Ventas is a REIT that owns and leases nursing ...

October 21, 1999 CHICAGO – Brookdale Living Communities Inc. (NASDAQ:BLCI) has signed a definitive purchase agreement for The Benchmark of Hoffman Estates, a 289 unit independent living community in Hoffman Estates, Ill. The Benchmark is an eight-story, 255,000-square-foot building consisting ...

October 20, 1999 By Tom Kirchofer, The Associated PressBOSTON (AP) – Targeting a generation open about its sexuality and thinking about its golden years, developers around the country are looking to build gay-friendly retirement communities. In generations past, societal pressures ...

October 15, 1999 NEEDHAM, Mass. – Meditrust Corp. (NYSE: MT) announced today a quarterly dividend of $0.46 cents per share to shareholders of record on October 29, 1999. This is the fourth dividend payment from the real estate investment trust ...

October 14, 1999 KENNETT SQUARE, Pa. – ElderTrust (NYSE: ETT), an equity healthcare real estate investment trust headquartered in the suburbs of Philadelphia, has appointed Chief Financial Officer D. Lee McCreary, Jr. to the positions of president and chief executive ...