Wednesday, January 21, 2009
Monday, January 19, 2009
Wednesday, January 14, 2009
Monday, January 12, 2009
Assisted living firm focuses on Alzheimer’s patients - Fort Worth Business Press
Assisted living firm focuses on Alzheimer’s patients - Fort Worth Business Press: "Constant Care Corp"
Assisted living firm focuses on Alzheimer’s patients - Fort Worth Business Press
Assisted living firm focuses on Alzheimer’s patients - Fort Worth Business Press: "Constant Care Corp"
Friday, January 9, 2009
Ventas closes sale of four seniors housing assets to Benchmark Assisted Living for $58.7 mln -
RTTNews - Quick facts Articles, Positive EPS Surprises, News Analysis, Earnings, Audio News....
Ventas Inc. (VTR: News ) said that it has closed on the sale of four seniors housing assets to affiliates of Benchmark Assisted Living for an aggregate sale price of $58.7 million.
The purchase price represents an 8.5 percent capitalization rate on cash rent. Ventas expects to record a gain of approximately $11 million on the sale.
Net cash proceeds to Ventas of $20 million will be used to pay down debt or for general corporate purposes. Benchmark assumed $38.8 million of existing mortgage debt in the transaction.
by RTT Staff Writer
Ventas Inc. (VTR: News ) said that it has closed on the sale of four seniors housing assets to affiliates of Benchmark Assisted Living for an aggregate sale price of $58.7 million.
The purchase price represents an 8.5 percent capitalization rate on cash rent. Ventas expects to record a gain of approximately $11 million on the sale.
Net cash proceeds to Ventas of $20 million will be used to pay down debt or for general corporate purposes. Benchmark assumed $38.8 million of existing mortgage debt in the transaction.
by RTT Staff Writer
Tuesday, January 6, 2009
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