Diversicare gets new 5% owner

A West Virginia entity last week said it has accumulated 400,000 shares of Brentwood-based Diversicare Healthcare Services, which runs 52 skilled nursing and senior housing centers. That amounts to 6.5 percent of Diversicare's share count (Ticker: DVCR) and makes Central Funding the company's fifth-largest owner based on its 2014 proxy statement. Central Funding shares a Charleston address and managing member with Stonerise Healthcare, which runs a handful of senior living centers in West Virginia.

Dec 29, 2014 7:12 AM

Brookdale doubles $250M credit line with GE Capital group

Executives at Brookdale Senior Living last week finalized a $500 million debt package with GE Capital and other lenders that replaces the company's $250 million revolving line. The new credit line includes a $100 million term loan and $400 million in revolving debt. It also extends its maturity date by almost two years and lowers the interest rate on money drawn by 75 basis points.

Dec 29, 2014 6:58 AM

Permit Patrol: 15 December 2014

National HealthCare work begins, a Bedford Commons building gets built, and more...
Dec 15, 2014 6:00 AM

NHI wraps $271M stock sale

National Health Investors has completed its sale of more than 4.4 million shares, raising more than $270 million to help it buy eight communities from Senior Living Communities. NHI shares (Ticker: NHI) was changing hands early this morning at $66.

Dec 8, 2014 8:32 AM

NHI buying eight communities for $476M

Murfreesboro company partially funding deal through 3.5M stock offering
Dec 2, 2014 7:00 AM

Earnings wrap: Sitel, First Acceptance, Diversicare

Currency swings sting call center manager, auto insurer keeps lid on costs, nice numbers from long-term care provider
Nov 7, 2014 11:53 AM

Earnings wrap: Delek, NHC, Healthcare Realty

Refiner's profits soar, nursing home owner's stock hits all-time high, good growth from medical REIT's same-store base
Nov 6, 2014 10:11 AM

Brookdale beats on Q3 revenue

Emeritus buy increased expenses, dropped housing revenue averages
Nov 6, 2014 7:00 AM

NHI buys in Ohio and Oregon, lends big to Seattle operator

REIT posts nice Q3 growth versus '13
Nov 4, 2014 5:46 AM

NHC renews $75M credit line

National HealthCare Corp. has renewed its $75 million credit line with Bank of America. It is the seventh renewal of the revolving credit agreement, which matures in October 2015, for the Murfreesboro-based company.

"The credit facility allows us the financial flexibility to continue to implement our strategy of expanding our continuum of post-acute care services, which includes skilled nursing, assisted living, home care and hospice," Robert Adams, NHC CEO, said in a release.

For the full filing, click here.

Oct 24, 2014 7:00 AM