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Stock Market & Financial Investment News

News Breaks
July 23, 2014
09:25 EDTADK, ADKAdCare to host conference call
Conference call to discuss strategic plan to transition to a facilities holding company will be held on July 24 at 10 am. Webcast Link
News For ADK From The Last 14 Days
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February 10, 2016
08:06 EDTADKAdCare signs lease agreement for nine Arkansas facilities
AdCare announced that the operations of its nine facilities in Arkansas will be operated by affiliates of Skyline Healthcare effective March 1, pending licensure. The master lease agreement, which is subject to licensure and lender consents, includes an initial term of 15 years with two five-year renewal options, monthly rental fees of $450K with 2.5% annual rent escalators, a two month cash security deposit and a one-time, short-term option for the leasee to purchase the facilities.

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