Regional Health Properties Reports Third Quarter 2019 Financial Results
Regional Health Properties, Inc. (RHE)
NASDAQ:AMEX Investor Relations:
ir.regionalhealthproperties.com
Company Research
Source: PR Newswire
ATLANTA, Nov. 13, 2019 /PRNewswire/ -- Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, yesterday reported results for the three and nine months ended September 30, 2019.Business Update Completed the sale of four skilled nursing facilities, two located in Oklahoma City, Oklahoma, one located in Attalla, Alabama, and one located in College Park, Georgia for a combined purchase price of $28.5 million and a pre-tax gain on the sale of approximately $6.5 million. Repaid $21.3 million in outstanding debt due under the Pinecone Credit Facility and $3.8 million in outstanding debt due under the Quail Creek Credit Facility to extinguish all indebtedness related to the above-mentioned properties. As a result of the above-mentioned sale, management is able to conclude that it is probable that the Company will be able to contin
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Sec Filings
- 11/19/24 - Form 10-Q
- 11/14/24 - Form NT
- 11/12/24 - Form 8-K
- RHE's page on the SEC website