TORONTO, Dec. 8, 2017 /CNW/ – Mainstreet Health Investments (TSX: HLP-U) (“Mainstreet” or the “Company“) today announced that, in connection with its previously announced acquisition of Care Investment Trust LLC (“CIT“) from Tiptree Operating Company, LLC (“Tiptree“) (the “Transaction“), it has obtained consents from shareholders of the Company (“Shareholders“) holding, in the aggregate, 51.55% of… [Read More]
Mainstreet Health Investments Inc. Announces Details of Third Quarter 2017 Earnings Conference Call
TORONTO, Oct. 23, 2017 /CNW/ – Mainstreet Health Investments Inc. (the “Company”) (TSX: HLP.U) will release its fiscal 2017 third quarter results on Monday, November 6, 2017 before markets open. Management of the Company will hold a conference call at 3:00 p.m. ET on Monday, November 6, 2017 to review the financial results. CONFERENCE CALL DETAILS:… [Read More]
Zeke Turner announces resignation from Mainstreet Health Investments, Inc. board of directors
Move allows greater focus on Mainstreet and company’s new product offerings CARMEL, Ind., Sept. 19, 2017 /CNW/ — Zeke Turner, founder and CEO of Mainstreet, announced today that he is stepping down from the board of directors of Mainstreet Health Investments, Inc. (TSX:HLP.U) inclusive of his position of Chairman of the Board, a position he has… [Read More]
Mainstreet Health Investments Inc. Reports Second Quarter 2017 Results
TORONTO, Aug. 8, 2017 /CNW/ – Mainstreet Health Investments Inc. (TSX: HLP.U) (the “Company”) today announced its results for the three and six months ended June 30, 2017. Second Quarter Highlights Reported adjusted funds from operations (“AFFO”) of $0.26 per common share Executed the sale/leaseback of three facilities located in California and Arizona, from The Ensign Group,… [Read More]
Mainstreet Health Investments Inc. Increases Credit Facility and Extends Debt Duration
TORONTO, June 6, 2017 /CNW/ – Mainstreet Health Investments Inc. (TSX:HLP.U) (the “Company“) today announced that it has closed on an amendment to its existing credit facility. The amended secured credit facility (the “Facility“) increases the total capacity from US$285 million to US$300 million. The Facility also extends the maturity date, while keeping interest rates in line… [Read More]
Mainstreet Health Investments Inc. Announces Results of Voting for Directors at Annual Meeting of Shareholders
TORONTO, May 4, 2017 /CNW/ – Mainstreet Health Investments Inc. (the “Corporation“) (TSX: HLP.U) announced today the results of voting at its annual meeting of shareholders held on May 4, 2017 (the “Meeting“). Each of the nominees listed in the management information circular dated March 30, 2017 was elected as a director of the Corporation at… [Read More]
Mainstreet Health Investments Inc. Announces Sale Leaseback of Senior Living & Post-Acute Portfolio with The Ensign Group Inc.
TORONTO, March 14, 2017 /CNW/ – Mainstreet Health Investments Inc. (TSX:HLP.U) (the “Company“) announced today it has entered into a definitive agreement to acquire two post-acute/skilled nursing facilities and a senior living community (collectively, the “Properties“) from The Ensign Group Inc. (NASDAQ:ENSG) (“Ensign“) for a purchase price of approximately US$38 million. Upon closing the transaction, the Company… [Read More]
Mainstreet Health Investments Inc. Announces Appointment of Scott White as CEO
TORONTO, Jan. 9, 2017 /CNW/ – Mainstreet Health Investments Inc. (TSX:HLP.U) (the “Company“) announces that Mr. Scott White has been appointed to the position of Chief Executive Officer. Prior to his appointment, Mr. White served as the President and Chief Operating Officer of the Company where he was responsible for the day-to-day operations and overall strategy…. [Read More]
Mainstreet Health Investments Inc. Announces the Acquisition of Three Memory Care Communities
TORONTO, Dec. 20, 2016 /CNW/ – Mainstreet Health Investments Inc. (TSX: HLP-U) (“the “Company“) announced today that it has closed on the previously announced acquisition of a portfolio of three memory care communities (collectively, the “Properties“) comprising 171 units for an aggregate purchase price of US$44.3 million. The Properties are located in Little Rock, Arkansas and… [Read More]