On the Record · Genesis Healthcare
Genesis Healthcare acquisitions, on the record
The businesses Genesis Healthcare bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
two skilled nursing facilities located in GeorgiaWord for word“On February 1, 2017, we divested two skilled nursing facilities located in Georgia at the expiration of their respective lease terms.” 10-K for 2018 | divestiture | February 1, 2017 | — |
four skilled nursing facilities located in Massachusetts subject to a master lease agreement with OmegaWord for word“On March 14, 2017, we completed the divestiture of four skilled nursing facilities located in Massachusetts that were subject to a master lease agreement with Omega.” 10-K for 2018 | divestiture | March 14, 2017 | — |
one skilled nursing facility located in Tennessee subject to a master lease agreement with Sabra Health Care REIT, Inc. (Sabra)Word for word“On April 1, 2017, we divested a skilled nursing facility located in Tennessee.” 10-K for 2018 | divestiture | April 1, 2017 | — |
18 skilled nursing facilities (16 owned and two leased) located in Kansas, Missouri, Nebraska and IowaWord for word“On April 1, 2017, we divested 18 skilled nursing facilities (16 owned and two leased) located in Kansas, Missouri, Nebraska and Iowa.” 10-K for 2018 | divestiture | April 1, 2017 | — |
one skilled nursing facility located in North CarolinaWord for word“On June 1, 2017, we divested one skilled nursing facility located in North Carolina.” 10-K for 2018 | divestiture | June 1, 2017 | — |
one skilled nursing facility located in Colorado subject to a master lease agreement with SabraWord for word“On July 10, 2017, we divested one skilled nursing facility located in Colorado.” 10-K for 2018 | divestiture | July 10, 2017 | — |
two skilled nursing facilities located in Georgia subject to a master lease agreement with SabraWord for word“On October 1, 2017, we divested two skilled nursing facilities located in Georgia.” 10-K for 2018 | divestiture | October 1, 2017 | — |
five skilled nursing facilities located in California leased to a third party operatorWord for word“On December 22, 2017, we completed the divestiture of five skilled nursing facilities located in California.” 10-K for 2018 | divestiture | December 22, 2017 | — |
one leased skilled nursing facility located in Massachusetts (closed)Word for word“On February 28, 2018, we closed one leased skilled nursing facility located in Massachusetts.” 10-K for 2018 | divestiture | February 28, 2018 | — |
five skilled nursing facilities, three located in Massachusetts and two located in Kentucky, terminated from master lease agreements with SabraWord for word“On April 1, 2018, we divested five skilled nursing facilities.” 10-K for 2018 | divestiture | April 1, 2018 | — |
one leased skilled nursing facility located in CaliforniaWord for word“On June 1, 2018, we divested one leased skilled nursing facility located in California upon the lease’s expiration.” 10-K for 2018 | divestiture | June 1, 2018 | — |
eight skilled nursing facilities located in Pennsylvania (Second Spring Healthcare Investments)Word for word“On June 1, 2018 and on June 13, 2018, Second Spring Healthcare Investments (Second Spring) completed the sale and lease termination of eight skilled nursing facilities located in Pennsylvania and four skilled nursing facilities located in New Jersey, respectively.” 10-K for 2018 | divestiture | June 1, 2018 | — |
four skilled nursing facilities located in New Jersey (Second Spring Healthcare Investments)Word for word“On June 1, 2018 and on June 13, 2018, Second Spring Healthcare Investments (Second Spring) completed the sale and lease termination of eight skilled nursing facilities located in Pennsylvania and four skilled nursing facilities located in New Jersey, respectively.” 10-K for 2018 | divestiture | June 13, 2018 | — |
one behavioral outpatient clinic located in CaliforniaWord for word“On July 1, 2018, we divested one behavioral outpatient clinic located in California upon the lease’s expiration.” 10-K for 2018 | divestiture | July 1, 2018 | — |
three skilled nursing facilities located in Maryland and Indiana (Welltower)Word for word“On August 1, 2018, Welltower completed the sale and lease termination of three skilled nursing facilities located in Maryland and Indiana.” 10-K for 2018 | divestiture | August 1, 2018 | — |
one skilled nursing facility located in Ohio (Sabra)Word for word“On September 7, 2018, Sabra completed the sale and lease termination of one skilled nursing facility located in Ohio.” 10-K for 2018 | divestiture | September 7, 2018 | — |
remaining seven skilled nursing facilities in TexasWord for word“On November 1, 2018, we divested the operations of the remaining seven skilled nursing facilities in Texas.” 10-K for 2018 | divestiture | November 1, 2018 | — |
four leased skilled nursing facilities located in Idaho and Montana owned and leased to us by SabraWord for word“On November 1, 2018, we divested four leased skilled nursing facilities located in Idaho and Montana that had been owned and leased to us by Sabra.” 10-K for 2018 | divestiture | November 1, 2018 | — |
one owned assisted living facility located in NevadaWord for word“On November 1, 2018, we divested one owned assisted living facility located in Nevada for a sales price of $2.2 million.” 10-K for 2018 | divestiture | November 1, 2018 | — |
one leased skilled nursing facility located in GeorgiaWord for word“On December 1, 2018, we divested one leased skilled nursing facility located in Georgia receiving an annual rent credit of $0.3 million.” 10-K for 2018 | divestiture | December 1, 2018 | annual rent credit of $0.3 million |
eight skilled nursing facilities and one assisted living facility in New Mexico and ArizonaWord for word“On November 1, 2018, we acquired the operations of eight skilled nursing facilities and one assisted living facility in New Mexico and Arizona.” 10-K for 2018 | acquisition | November 1, 2018 | — |
15 facilities sold by Welltower to a real estate partnership (Partnership), of which we acquired a 46% ownership interestWord for word“On January 31, 2019, Welltower sold the real estate of 15 facilities to a real estate partnership (Partnership), of which we acquired a 46% ownership interest.” 10-K for 2018 | divestiture | January 31, 2019 | — |
Vantage Point affiliates (seven skilled nursing facilities and one assisted/senior living facility in Georgia, New Jersey, Virginia, and Maryland)Word for word“During the third quarter of 2019, we sold the real property of seven skilled nursing facilities and one assisted/senior living facility located in Georgia, New Jersey, Virginia, and Maryland to affiliates of Vantage Point for an aggregate purchase price of $91.8 million, using the majority of the proceeds to acquire our interest in the Vantage Point Partnership and repay indebtedness.” 10-K for 2019 | agreed divestiture | During the third quarter of 2019 | $91.8 million |
Next Partnership membership interest (46%)Word for word“On January 31, 2019, Welltower Inc. (Welltower) sold the real estate of 15 facilities to a real estate partnership (Next Partnership), of which we acquired a 46% membership interest for $16.0 million.” 10-K for 2019 | acquisition | On January 31, 2019 | $16.0 million |
five skilled nursing facilities in CaliforniaWord for word“During the second quarter of 2019, we sold the real property and divested the operations of five skilled nursing facilities in California for a sale price of $56.5 million.” 10-K for 2019 | divestiture | During the second quarter of 2019 | $56.5 million |
one skilled nursing facility and one assisted/senior living facility in CaliforniaWord for word“During the third quarter of 2019, we sold the real property and divested the operations of one additional skilled nursing facility and one assisted/senior living facility in California for an aggregate sale price of $11.5 million.” 10-K for 2019 | divestiture | During the third quarter of 2019 | $11.5 million |
seven facilities in TexasWord for word“During the fourth quarter of 2019, we sold the real property of seven facilities in Texas for a sales price of $20.1 million.” 10-K for 2019 | divestiture | During the fourth quarter of 2019 | $20.1 million |
nine facilities located in New Jersey and Ohio subject to the Welltower Master LeaseWord for word“During the first quarter of 2019, we divested the operations of nine facilities located in New Jersey and Ohio that were subject to the master lease with Welltower (the Welltower Master Lease).” 10-K for 2019 | divestiture | During the first quarter of 2019 | — |
three leased skilled nursing facilities in Connecticut and OhioWord for word“During the second quarter of 2019, we divested the operations of three leased skilled nursing facilities.” 10-K for 2019 | divestiture | During the second quarter of 2019 | — |
11 leased skilled nursing facilities and one closed facility (Ohio, Massachusetts, Utah, Idaho)Word for word“During the third quarter of 2019, we divested the operations of 11 leased skilled nursing facilities and completed the closure of a twelfth facility.” 10-K for 2019 | divestiture | During the third quarter of 2019 | — |
one leased skilled nursing facility in New JerseyWord for word“During the fourth quarter of 2019, we divested the operations of one leased skilled nursing facility in New Jersey.” 10-K for 2019 | divestiture | During the fourth quarter of 2019 | — |
one skilled nursing facility in New MexicoWord for word“On June 1, 2019, we acquired the operations of one skilled nursing facility in New Mexico.” 10-K for 2019 | acquisition | On June 1, 2019 | — |
five skilled nursing facilities in California subject to MidCap Real Estate LoansWord for word“On May 1, 2019, we divested the real property and operations of five skilled nursing facilities in California, three of which were subject to the MidCap Real Estate Loans.” 10-K for 2019 | divestiture | On May 1, 2019 | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2016-12-31 | $3.4 million |
Deal filings since 2016
- 2021-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Genesis Healthcare’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-03-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.