Diversified Healthcare Trust Enters Into 15-Year Net Lease with The Ensign Group Subsidiaries For Nursing Facilities.
Transition of Seven Communities to Net Lease Structure Expected to Generate First Year Annual Rent of $8.0 Million, Substantially Greater Than Prior Year’s Rent
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Why It Matters
A healthcare real estate company signed a long 15-year agreement with a nursing care operator. This deal locks in steady rent payments that are much higher than before.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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