New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:02 EDTVTR, NHI, MPW, LTC, HR, HTA, HCN, HCP, SNH, OHIHealthcare REIT sector downgraded to Underweight at Wells Fargo
Wells Fargo downgraded the Healthcare REIT sector to Underweight from Market Weight citing the group's interest-rate sensitivity and a lack of visibility into the direction of market interest rates. In conjunction with the sector change, Wells downgraded to Underperform shares of Omega Healthcare (OHI) and Senior Housing (SNH). The firm keeps Outperform ratings on HCP Inc. (HCP), Health Care REIT (HCN) and Healthcare Trust (HTA).
Check below for free stories on OHI;SNH;HCP;HCN;HTA;HR;LTC;MPW;NHI;VTR the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 19, 2014
16:17 EDTHTAHealthcare Trust appoints Robert Milligan as CFO
Subscribe for More Information
August 18, 2014
16:35 EDTHCNHealth Care REIT comments on Genesis Healthcare's merger with Skilled Healthcare
Subscribe for More Information
August 14, 2014
08:38 EDTHCNHealth Care REIT expands relationship with Sunrise Senior Living
Subscribe for More Information
August 13, 2014
08:06 EDTHCNHealth Care REIT agrees to acquire HealthLease Properties for $950M
Health Care REIT has agreed to acquire HealthLease Properties REIT in a transaction valued at $950M. HCN has also agreed to acquire 17 of Mainstreet's Next Generation® properties currently under construction and enter into a development partnership with Mainstreet with respect to 45 future properties, for a combined value of approximately $1.4B.
07:48 EDTHCNHealth Care REIT says to finance transaction over long-term
Subscribe for More Information
07:46 EDTHCNHealth Care REIT to acquire HealthLease Properties REIT for $950M
Health Care REIT has entered into a definitive agreement to acquire the outstanding units of HealthLease Properties Real Estate Investment Trust for C$14.20 per unit on a fully diluted basis in an all-cash transaction valued at approximately $950M, including debt assumption. The HealthLease portfolio includes 53 high-quality seniors housing, post-acute care and long-term care communities that are managed by well-respected operators under long-term triple-net lease agreements. The purchase price of the Portfolio represents a 7.0% initial cash yield. HCN projects the acquisition of the Portfolio to be accretive to HCN’s FFOPS and FADPS by approximately 4c in year one. Additionally, HCN has entered into a partnership with Mainstreet Property Group, the external management company of HealthLease. All existing agreements between HealthLease and Mainstreet will be terminated at closing and HCN will not absorb any employees from either company. Mainstreet is the largest developer of seniors housing and post-acute facilities in the U.S. The partnership includes an agreement to acquire 17 state-of-the-art Next Generation communities that are managed by well-respected operators under long-term triple-net lease agreements. The Next Generation communities each feature a mix of 70 post-acute beds and 30 assisted living beds, high-end common areas and amenities, private rooms and baths, and large rehabilitation therapy space. HCN will acquire the Pipeline for approximately $369M representing a 7.5% initial cash yield, which is anticipated to be meaningfully accretive and close in tranches upon completion of construction beginning in 4Q14 through 1Q16.
August 11, 2014
16:06 EDTVTRVentas raises FY14 normalized FFO view to $4.39-$4.43 from $4.31-$4.37
Subscribe for More Information
16:05 EDTVTRVentas reports Q2 normalized FFO $1.12, consensus $1.09
Subscribe for More Information
15:32 EDTVTRNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Ventas (VTR), consensus $1.09; Nuance Communications (NUAN), consensus 27c; Intercept Pharmaceuticals (ICPT), consensus (12c); Rackspace Hosting (RAX), consensus 16c; Opko Health (OPK), consensus (9c); Mindray Medical (MR), consensus 54c; Chimera Investment (CIM), consensus 9c; Globalstar (GSAT), one estimate (4c); 51job (JOBS), consensus 32c; Dealertrack Technologies (TRAK), consensus 373c; Caesars Entertainment (CZR), consensus ($1.19); Towerstream (TWER), consensus (10c); Resolute Energy (REN), consensus 1c; Forest Oil (FST), consensus (2c).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use