The Pennant Group has completed the acquisition of operations of Robins Landing at New Berlin, a 44-bed memory care and assisted living facility located in New Berlin, Wisconsin, and Robins Landing at Brookfield, a 52-bed memory care and assisted living facility located in Brookfield, Wisconsin. The acquisition was effective March 16, 2023 and will be subject to a long-term, triple-net lease.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PNTG:
- Pennant Acquires Senior Living Operations in Wisconsin
- Pennant Group appoints Barry Smith as chairman
- The Pennant Group Appoints Barry Smith as Chairman and Brent Guerisoli as Director
- Pennant Group upgraded to Buy from Hold at Stifel
- Pennant Group reports Q4 adjusted EPS 18c, consensus 18c
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue