What The Divorce Of The Nation’s Biggest Nursing Home Operator And Owner Means
In a bombshell announcement, the real estate investment trust (REIT) Welltower—the biggest owner of nursing homes in the US-- is divorcing from Genesis Healthcare—the nation’s biggest operator of nursing facilities. At same the same, Genesis, whose share price has plummeted in recent years, announced it is delisting from the New York Stock Exchange. It is common for REITs to own [...]