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Latest Aviv REIT Inc. Stories

2014-07-10 16:25:19

$58 MILLION OF ADDITIONAL NEW CONSTRUCTION PROJECTS CHICAGO, July 10, 2014 /PRNewswire/ -- Aviv REIT, Inc. ("Aviv" or the "Company") (NYSE: AVIV) announced today it has acquired two assisted living facilities ("ALFs") and one post-acute and long-term care skilled nursing facility ("SNF") for $82.0 million (the "Acquisition"), and two parcels of land and the entitlements for the construction of two new ALFs and a 50 unit addition to one of the existing ALFs for $12.2 million (the "New...

2014-07-02 08:26:36

CHICAGO, July 2, 2014 /PRNewswire/ -- Aviv REIT, Inc. ("Aviv" or the "Company") (NYSE: AVIV) announced today it has acquired three post-acute and long-term care skilled nursing facilities ("SNFs") in Missouri for $16.2 million. The SNFs are triple-net leased to existing Aviv operator Diversicare Healthcare Services ("Diversicare"), an operator of 49 facilities in 9 states. Diversicare now operates three facilities in Missouri and is Aviv's 8(th) largest operator relationship. The...

2014-06-02 16:26:29

CHICAGO, June 2, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) announced today it has acquired a post-acute and long-term care skilled nursing facility ("SNF") in Kentucky for $6.0 million. The SNF is triple-net leased to existing Aviv operator Diversicare Healthcare Services ("Diversicare"), an operator of 49 facilities in 9 states. The investment has an initial cash yield of 9.8%, CPI-based annual escalators and an initial lease term of 14 years. "We have continued our...

2014-05-14 16:28:08

CHICAGO, May 14, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) announced today it has refinanced its existing $400 million secured revolving credit facility with a new $600 million unsecured revolving credit facility (the "Credit Facility"). The Credit Facility has a rate that ranges from 170 to 225 basis points over LIBOR depending on the Company's consolidated leverage and a maturity date of May 2018. The Credit Facility can be extended for an additional year at the Company's...

2014-05-02 08:24:54

CHICAGO, May 2, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) announced today it has acquired eight post-acute and long-term care skilled nursing facilities ("SNFs") in California and Texas, in three separate transactions for $70.7 million. These acquisitions are follow-on investments with existing operator relationships and the opportunities were brought exclusively to Aviv by the operators. These triple-net leases have a blended initial cash yield of 9.7%, annual escalators and...

2014-04-17 08:27:58

CHICAGO, April 17, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) announced today that it will issue its financial results for the quarter ended March 31, 2014 before the open of trading on the New York Stock Exchange on Thursday, May 8, 2014. A conference call to discuss these results will take place that same day at 11:00 a.m. Central time / 12:00 p.m. Eastern time. The dial-in number for the conference call is (888) 549-7880 (U.S.) or (480) 629-9722 (International). The...

2014-04-08 16:23:19

CHICAGO, April 8, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) ("Aviv" or the "Company") announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock. In connection with the offering, Aviv intends to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock. The Company intends to use the net proceeds from the offering to repay certain indebtedness and for general corporate purposes,...

2014-02-26 08:28:29

CHICAGO, Feb. 26, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) announced today that management will participate in a roundtable discussion at the 2014 Citi Global Property CEO Conference in Hollywood, FL. The discussion is scheduled for Wednesday, March 5, 2014 at 11:30 a.m. Eastern Time and will be webcast. The webcast link and presentation materials used with investors at the conference may be accessed through the Company's website at www.avivreit.com under the Investor...

2014-01-30 16:26:39

CHICAGO, Jan. 30, 2014 /PRNewswire/ -- Aviv REIT, Inc. ("Aviv" or the "Company") (NYSE: AVIV) announced today the tax reporting information for its 2013 distributions. This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed. However, no material change in the information reported below is expected. Shareholders are urged to consult with their personal tax advisors as to their...

2014-01-21 16:25:36

CHICAGO, Jan. 21, 2014 /PRNewswire/ -- Aviv REIT, Inc. ("Aviv" or the "Company") (NYSE: AVIV) announced today that management will participate in the 2014 Stifel Nicolaus Senior Housing and Healthcare Real Estate Conference in Miami, FL. The conference will be held Tuesday, January 28, 2014. Steven Insoft, Aviv's President & Chief Operating Officer, will participate in a panel discussion that same day at 10:30 a.m. Eastern Time. Presentation materials used with investors at the...


Word of the Day
mundungus
  • A stinking tobacco.
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This word comes from the Spanish 'mondongo,' tripe, entrails.