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Stock Market & Financial Investment News

News Breaks
June 2, 2014
16:10 EDTAVIVAviv REIT acquires long-term care skilled nursing facility for $6M
Aviv REIT announced it has acquired a post-acute and long-term care skilled nursing facility in Kentucky for $6M. The SNF is triple-net leased to existing Aviv operator Diversicare Healthcare Services, an operator of 49 facilities in 9 states. The investment has an initial cash yield of 9.8%, CPI-based annual escalators and an initial lease term of 14 years.
News For AVIV From The Last 14 Days
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December 18, 2014
07:11 EDTAVIVAviv REIT acquires 28 properties for $305M from GE Capital
Aviv REITannounced that it acquired 28 properties, plus an office building, for $305M from Diamond Senior Living, a subsidiary of General Electric Credit Corporation of Tennessee, which is itself a subsidiary of General Electric Capital (GE). All of the 28 properties are currently triple-net leased to new Aviv operator Laurel Health Care at an initial cash yield of 8.5%, for a remaining term of 15 years.

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