Wed, 13/02/2013 - 06:15
Sentio Healthcare Properties, a real estate investment trust focused on healthcare-related real estate, has signed a definitive agreement with an affiliate of Kohlberg Kravis Roberts for KKR to provide USD150m of convertible preferred equity over the next two to three years.
KKR will invest with Sentio’s current shareholders in the Reit, including the existing portfolio.
Proceeds will be used to fund new acquisitions, enabling Sentio to continue to expand its diversified portfolio of healthcare real estate while maintaining control over the execution of its investment strategy.
John Mark Ramsey, president and chief executive of Sentio, says: “We are very excited to have an industry leader like KKR as a long-term partner who can help us access new opportunities through its vast network of relationships. We believe KKR’s financial commitment and real estate and capital markets capabilities will complement Sentio’s industry expertise to help us drive meaningful shareholder value in the coming years.”
Wed 02/09/2015 - 13:20
Wed 02/09/2015 - 10:04
Wed 26/08/2015 - 14:26
Wed 26/08/2015 - 14:03
Fri, 04/Sep/2015 - 12:36
Fri, 04/Sep/2015 - 12:34
Fri, 04/Sep/2015 - 12:24
Fri, 04/Sep/2015 - 08:12
Thu, 03/Sep/2015 - 13:07
Thu, 03/Sep/2015 - 09:30
Thu, 03 Sep 2015 00:00:00 GMTJunior C# Software Developer - Hedge Fund
Thu, 03 Sep 2015 00:00:00 GMTPrivate Equity/Real Estate Investor Relations – Asset Management - London
Thu, 03 Sep 2015 00:00:00 GMT