Sunrise Senior Living Signs $41.5 Million Deal

MCLEAN, Va. — Sunrise Senior Living entered into a $41.5 million purchase and sale agreement with frequent senior housing partner Ventas Inc. to sell to its property ownership and joint venture stakes to Ventas.
 
The move adds 58 properties that were previously owned by Sunrise into Ventas’ portfolio.

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GE, Century Ink $100-M Tourism Project

General Electric’s subsidiary GE Healthcare, a leading global provider of healthcare information and medical technology, has announced its partnership with property developer Century Properties for the creation of a $100 million world-class outpatient medical-IT building in Makati.The project will rise in a one-hectare IT park accredited by the Philippine Economic Zone Authority at the 3.4 …

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Fitch Affirms Dickinson County Healthcare System, Michigan Hosp Revs at ‘BBB-‘

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed its ‘BBB-‘ rating on Dickinson County Healthcare System’s (DCHS), County of Dickinson, State of Michigan, hospital revenue and refunding bonds as follows: –$26,535,000 series 1999 at ‘BBB-‘. The Rating Outlook remains Negative. RATING RATIONALE: –The Negative Rating Outlook is maintained due to the continued trend of unprofitable operations …

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