Regional Health Properties Sells Three Properties for $26.1 Million and Extinguishes $24.7 Million in Secured Debt, Repaying "Pinecone" and Congressional Bank Loans in Full
Regional Health Properties, Inc. (RHE)
NASDAQ:AMEX Investor Relations:
ir.regionalhealthproperties.com
Company Research
Source: PR Newswire
ATLANTA, Aug. 2, 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, has completed the sale of three of the four skilled nursing properties located in Oklahoma, Alabama and Georgia, to affiliates of MED Healthcare Partners LLC ("MED"), as contemplated by the purchase and sale agreement previously disclosed by the Company in its Current Report on Form 8-K filed with the Securities and Exchange Commission on April 18, 2019. The three properties were sold for the purchase price of $26.1 million in cash. The Company and MED agreed to extend the closing date on the fourth property located in Oklahoma to August 28, 2019.The Company used the cash proceeds from the sale to pay a net of approximately $1.0 million in outstanding interest, fees, and other costs and to repay $24.7 million in debt which was secu
Show less
Read more
Impact Snapshot
Event Time:
RHE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RHE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RHE alerts
High impacting Regional Health Properties, Inc. news events
Weekly update
A roundup of the hottest topics
RHE
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