Closes
LTC Properties Closes Lease, Sale Transactions
Westlake Village-based LTC Properties Inc., a real estate investment trust that invests in senior housing and health care properties, has completed modifications of its 35-property Brookdale Senior Living Inc. portfolio – a series of transactions that have resulted in the net proceeds of $23 million and an anticipated net gain of $17 million related to […]
‘Recell’ Ready: Avita Closes Debt Facility
Valencia-based regenerative medicine company Avita Medical Inc. has closed a debt facility of up to $90 million with New York health care investment firm OrbiMed Advisors. The nondilutive capital provides financial flexibility to support portfolio expansion, global initiatives, and the further development and commercialization of approved skin restoration therapies. Avita is developing devices and cellular […]
Public Storage Closes $2.2B Deal
Glendale-based Public Storage Inc., one of the largest operators of self-storage centers in the U.S., officially expanded its market share as it finalized its acquisition of Simply Self Storage from Blackstone Real Estate Income Trust Inc. for $2.2 billion. The acquisition encompasses 127 properties spread across 18 states, adding about 9 million square feet to […]