Entries tagged with “hcr”

HCR ManorCare Sells Nursing Home Properties To Real Estate Trust For $6.1 Billion

Posted by Jonathan Rosenfeld on December 14, 2010
HCR ManorCare, the nursing home behemoth that operates 338 nursing homes, assisted living, and other types of senior care facilities in 30 states has agreed to sell the properties to HCP Inc.  Under the terms of the $6.1 Billion deal, HCP will become owner of the facilities and lease the properties to HCR ManorCare who will continue to operate the facilities. In 2007, Carlyle Group purchased HCR ManorCare for $6.3 billion and remains one of the largest corporations in the nursing home industry. The deal remains one of the largest REIT deals conducted in the last few years.  The acquisition... More
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About Jonathan Rosenfeld

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Jonathan Rosenfeld is a lawyer who represents people injured in nursing homes and long-term care facilities.   Jonathan has represented...

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