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Regional Health Properties Inc RHE

Alternate Symbol(s):  RHE.PR.A | RHEPB

Regional Health Properties, Inc. is a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. The Company operates through two segments: Real Estate segment, which consists of owning and leasing/subleasing healthcare facilities, predominantly skilled nursing facilities (SNFs) and assisted living facilities (ALFs), to third-party tenants, which in turn operate the facilities, and Healthcare Services, which consists of operating the healthcare facilities. The Company’s primary business consists of acquiring and owning real estate property to be leased to third-party tenants in the healthcare sector. The Company has a geographically diverse portfolio of healthcare investments across the Southeast United States that offer a range of services, including skilled nursing, assisted and independent living and memory care.


NYSEAM:RHE - Post by User

Post by MakingIton Feb 21, 2019 11:28am
128 Views
Post# 29394172

7 days until Forbearance Agreement deadline

7 days until Forbearance Agreement deadlineSeven days away from a Forbearance Agreement deadline to sell assets and improve financials. Tiny float on this one combined with improved financials could send it back to 200 day sma levels or more (50%+). Lots of consolidation over the past few weeks. Fingers crossed
Bullboard Posts