PACS Group more than doubles senior living footprint with recent acquisition
By
Kimberly Bonvissuto
Sep 11, 2024
Utah-based PACS Group, already among the nation’s largest nursing home operators, has more than doubled its senior living portfolio after finalizing the recent acquisition of 53 communities.
Actions & Transactions, Sept. 11
By
Kathleen Steele Gaivin
Sep 11, 2024
Berkadia secures $92.71 million in financing for 4 senior living communities across 4 states … PACS Group more than doubles senior living footprint with recent acquisition … 2 assisted living communities...
CareTrust REIT expects ‘supercharged growth for the foreseeable future’
By
Lois A. Bowers
Aug 05, 2024
The first six months of 2024 have been “strong” for CareTrust REIT President and CEO Dave Sedgwick said Friday on a second-quarter earnings call, adding that “momentum is actually building” and...
Second-quarter earnings calls continued Friday with updates from CareTrust REIT, Diversified Healthcare Trust, Omega Healthcare Investors and Ventas.
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
PACS Group subsidiaries to acquire 53 long-term care properties across 8 states
By
Kathleen Steele Gaivin
May 24, 2024
PACS Group is on an accelerated growth trajectory since going public earlier this month.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
Actions & Transactions, April 3
By
Kathleen Steele Gaivin
Apr 03, 2024
PACS Group could raise $400 million in IPO … Phase II construction at Morning Pointe at Danville, KY, reaches halfway point
Actions & Transactions, March 15
By
Kathleen Steele Gaivin
Mar 15, 2024
SNF operator PACS Group files for IPO, reveals strategy behind move … HealthPeak, Omega SEC filings relate to automatic mixed securities shelf registration … $3M award will help build assisted living...