Genesis Health Care Facilities For Sale

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Genesis HealthCare Announces Strategic Restructuring Steps to

(8 days ago) WebPrior to the COVID-19 pandemic, these 51 facilities generated on a combined basis approximate annual net revenue of $640 million. This transaction will result in the …

https://finance.yahoo.com/news/genesis-healthcare-announces-strategic-restructuring-133000263.html

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Genesis Healthcare Enters Into Agreements With New Generation …

(7 days ago) WebEffective February 1, 2020, Genesis sold the real estate and operations of six skilled nursing facilities and transferred the leasehold rights to 13 skilled nursing, …

https://www.genesishcc.com/about-us/press/press-releases/genesis-healthcare-enters-agreements-new-generation-health-transition/

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More Dispositions – Headlined by Genesis - Skilled Nursing News

(1 days ago) WebGenesis also received $170 million in debt reduction from Welltower. The Genesis sale brought Welltower’s total sales in the long-term post-acute care space over …

https://skillednursingnews.com/2022/05/more-dispositions-headlined-by-genesis-bring-welltowers-snf-exit-to-525m-over-the-past-year/

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Genesis Healthcare in deal with Welltower will take …

(6 days ago) WebGenesis, now controlled by a New York investment firm and with new high-level management, will take over the facilities, plus four in Colorado, from ProMedica Senior Care, said Lori Moyer, a spokesperson …

https://www.inquirer.com/business/health/genesis-health-care-integra-welltower-nursing-homes-20230131.html

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Welltower dumping most Genesis HealthCare holdings …

(7 days ago) WebWelltower said it will retain a preferred equity position in a joint venture with Aurora Health Network and Peace Capital, which will involve 42 of the facilities announced Tuesday. Their sale

https://www.mcknights.com/news/breaking-welltower-dumping-most-genesis-healthcare-holdings-in-880-million-deal-strengthens-promedica-joint-venture/

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Genesis Healthcare in growth mode as it picks up 38 …

(1 days ago) WebThe deal for Genesis to take over 38 facilities brings the long-time operator back into the REIT’s good graces. Welltower already owns most of Genesis’ real estate, which it bought for $2.4

https://www.mcknights.com/news/genesis-healthcare-in-growth-mode-as-it-picks-up-38-former-promedica-facilities/

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Genesis HealthCare Announces Strategic Restructuring Steps

(6 days ago) WebGenesis HealthCare is a holding company with subsidiaries that, on a combined basis, provides services to more than 325 skilled nursing facilities and …

https://www.globenewswire.com/news-release/2021/03/03/2186244/0/en/Genesis-HealthCare-Announces-Strategic-Restructuring-Steps-to-Strengthen-Balance-Sheet-and-Chart-Path-for-Recovery.html

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Welltower Exits Genesis HealthCare Relationship, Cozies Up To …

(6 days ago) WebWelltower’s equity ownership position in Genesis will also increase from 9% to 15%. After the debt reduction, Genesis will owe Welltower $167 million with a maturity …

https://www.globest.com/2021/03/04/welltower-exits-genesis-healthcare-relationship-cozies-up-to-promedica/

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Welltower Sees 'Even Further Upside' from Genesis Exit …

(1 days ago) WebGenesis is in the midst of a significant restructuring that saw the Kennett Square, Pa.-based operator leave the New York Stock Exchange and receive a $50 million injection from private investor …

https://skillednursingnews.com/2021/04/welltower-sees-even-further-upside-from-genesis-exit-as-the-nursing-home-giant-restructures/

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Genesis Healthcare gets private-equity investment for …

(1 days ago) WebPublished Mar. 4, 2021, 5:15 a.m. ET. Genesis Healthcare Inc., a major national nursing home operator that has long struggled financially, announced Wednesday that it will delist its shares from the New York …

https://www.inquirer.com/business/genesis-healthcare-private-equity-investment-covid-19-20210304.html

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Genesis HealthCare completes sale of 15 Texas nursing facilities

(3 days ago) WebThe company's 24 total facilities in the state generate $175 million in annual revenue; their sale will reduce Genesis HealthCare's debt by about $94 million. …

https://www.spglobal.com/marketintelligence/en/news-insights/trending/v26ydud0ucubbrdnryaxqg2

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Lenders come up with Plan B for GenesisCare US sale process

(8 days ago) WebGenesisCare has been running a sales process to sell off parts of its US business, which it acquired in an ill-fated $1.5 billion deal in 2019 when buying 21st …

https://www.afr.com/companies/healthcare-and-fitness/lenders-come-up-with-plan-b-for-genesiscare-us-sale-process-20231122-p5elyp

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Welltower Announces Substantial Exit of Genesis HealthCare …

(7 days ago) WebTOLEDO, Ohio, March 2, 2021 /PRNewswire/ -- Welltower ("Company") today announced that it has substantially exited its operating relationship with Genesis HealthCare …

https://www.prnewswire.com/news-releases/welltower-announces-substantial-exit-of-genesis-healthcare-operating-relationship-301239097.html

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Real estate investment trust sells 20 Genesis facilities for $103M

(4 days ago) WebSabra sold the facilities, which were located in Indiana, Ohio and Kentucky, for $103.3 million. The identities of the buyers were not disclosed. As a result of the sale, …

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/real-estate-investment-trust-sells-20-genesis-facilities-for-103m.html

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GENESIS HEALTHCARE ENTERS INTO INVESTMENT TO BUY BACK …

(5 days ago) WebGENESIS HEALTHCARE ENTERS INTO INVESTMENT TO BUY BACK REAL ESTATE HISTORICALLY LEASED 10/16/2019. Kennett Square, Pa. – Genesis HealthCare …

https://www.genesishcc.com/about-us/press/press-releases/genesis-healthcare-enters-investment-buy-back-real-estate/

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Genesis HealthCare to sell five Vermont nursing homes

(6 days ago) WebGenesis reported in its Aug. 10 second-quarter earnings report that 241 of its 361 facilities had at least one case of Covid-19. Among them was Burlington Health & …

https://vtdigger.org/2020/09/02/genesis-healthcare-to-sell-five-vermont-nursing-homes/

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Genesis HealthCare To Acquire 24 Skilled Nursing Facilities From …

(1 days ago) WebUnder the agreement, Genesis will acquire the real estate of 20 of the 24 facilities and will enter into a long-term lease agreement with Health Care REIT, Inc. …

https://www.prnewswire.com/news-releases/genesis-healthcare-to-acquire-24-skilled-nursing-facilities-from-revera-inc-300098822.html

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Genesis, Skilled Healthcare merger to create huge long-term care

(4 days ago) WebGenesis HealthCare and Skilled Healthcare Group Inc. will merge to create a single long-term and post-acute care company with more than 500 facilities nationwide, …

https://www.mcknights.com/news/genesis-skilled-healthcare-merger-to-create-huge-long-term-care-provider-with-more-than-500-facilities/

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Three New York-based owners take over management of five …

(2 days ago) WebThree New York-based owners have taken over management of five Genesis nursing homes in Vermont. On Oct. 30, David Gamzeh, Akiva Glatzer and Akiko …

https://vtdigger.org/2020/11/13/three-new-york-based-owners-takes-over-management-of-five-genesis-nursing-homes/

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GENESIS HEALTHCARE ANNOUNCES COMPLETED DIVESTITURE …

(2 days ago) WebGENESIS HEALTHCARE ANNOUNCES COMPLETED DIVESTITURE OF 16 FACILITIES IN TEXAS 10/2/2018. KENNETT SQUARE, PA – Genesis HealthCare …

https://www.genesishcc.com/about-us/press/press-releases/genesis-healthcare-announces-completed-divestiture-16-facilities/

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46 Genesis HealthCare Facilities Identified By U.S. News

(6 days ago) WebFollow. KENNETT SQUARE, Pa., Nov. 06, 2019 (GLOBE NEWSWIRE) -- Genesis HealthCare, one of the largest post-acute care providers in the United States, …

https://www.globenewswire.com/news-release/2019/11/06/1942552/0/en/46-Genesis-HealthCare-Facilities-Identified-By-U-S-News-World-Report-as-Best-Nursing-Homes-For-2019-2020.html

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Genesis HealthCare 187 Nursing Homes / Skilled Nursing Facilities

(6 days ago) WebGenesis HealthCare, founded in 1985 and a leader in senior health and living services, operates an extensive network of facilities across the United States, with more than 250 …

https://www.nursinghomes.com/provider/genesis-heathcare/

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Selectis Health Enters Definitive Purchase and Sale - GlobeNewswire

(1 days ago) Web1 Leased facilities operated by third parties. 2 All located on the same campus in Tulsa, OK.. Adam Desmond, CEO of Selectis Health, commented: “With the additional …

https://www.globenewswire.com/news-release/2024/05/09/2878763/0/en/Selectis-Health-Enters-Definitive-Purchase-and-Sale-Agreement-for-Archway-Transitional-Care-Center-in-Georgia.html

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Iowa nursing homes added to national list of worst care facilities

(5 days ago) WebThe Fleur Heights Center for Wellness and Rehab in Des Moines. (Photo via Google Earth) Three Iowa nursing homes have been added to the federal government’s …

https://www.yahoo.com/news/iowa-nursing-homes-added-national-190839702.html

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Genesis Reports 2024 First Quarter Results and Declares a Special

(Just Now) WebCash on Hand of $39.2 Million: On March 31, 2024, Genesis had $39.2 million in cash and cash equivalents and loan and credit facilities of $97.9 million which is 22% of …

https://finance.yahoo.com/news/genesis-reports-2024-first-quarter-222300885.html

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