AdCare Health Systems Reports Fourth Quarter and Full-Year Financial 2016 Results

Provides Business Update
 
ATLANTA, March 24, 2017  -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today provided an update on its business and reported results for the three and twelve months ended December 31, 2016.
 
Business Update
Signed a definitive purchase agreement to purchase an assisted living facility located in Alabama with 106 operational beds for $5.5 million; executed a long-term lease with an affiliate of C.Ross Management, LLC to lease the facility upon purchase.
Announced recertification by the Centers for Medicare and Medicaid Services ("CMS") for its Jeffersonville and Oceanside facilities.
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Milestone to be acquired for $2.85B (U.S.) in cash

2017-01-19 08:30 ET - News Release -- Mr. Robert Landin reports
 
MILESTONE APARTMENTS REIT TO BE ACQUIRED BY STARWOOD CAPITAL GROUP
 
Milestone Apartments REIT has entered into an acquisition agreement with an affiliate of Starwood Capital Group, pursuant to which Starwood will acquire all of Milestone's subsidiaries and assets, and Milestone unitholders will receive $16.15 (U.S.) per trust unit in cash. Subject to the satisfaction of all conditions precedent, the transaction is expected to be completed early in the second quarter of 2017.
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Farmland Partners Announces Transformative, Accretive Merger With American Farmland Company

DENVER, and NEW YORK, Sept. 12, 2016 -- Farmland Partners Inc. (FPI) ("FPI") and American Farmland Company (NYSE MKT: AFCO) ("AFCO") jointly announced today that they have entered into a definitive agreement (the "Agreement") pursuant to which FPI has agreed to acquire all of the outstanding common stock of AFCO in a stock-for-stock transaction.
 
The combined company will be the largest public farmland REIT in the nation spanning more than 133,000 acres across 16 states, along both Coasts, the Midwest, the Plains and the Delta. The merger brings together two highly complementary leading farmland portfolios. FPI's assets are comprised primarily of premier row crop farmland, while AFCO's portfolio is concentrated in high-quality specialty and permanent crop farms across the U.S.  On a consolidated basis, the combined company's portfolio is expected to consist of approximately 75% row crop farmland and 25% specialty crops by value. FPI expects to consolidate AFCO's operations into FPI's existing Denver-based headquarters and to realize significant cost synergies through eliminating duplicate administrative and other public company costs.
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Supertel Hospitality Announces Sale of Two Non-Core Hotels and Enters Agreement to Sell Two Hotels

NORFOLK, NE--(April 17, 2015) - Supertel Hospitality, Inc. (SPPR), a real estate investment trust (REIT), today announced that it closed on the sale of two Savannah Suites hotels on April 1, 2015. The 172-room Savannah Suites located in Augusta, Georgia, sold for $3.4 million, and the 120-room Savannah Suites in Chamblee, Georgia, sold for $4.4 million. The company applied $4.1 million of the proceeds to the GE Capital mortgage note that matures in December 2015.

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Zillow Completes Acquisition of Trulia for $2.5 Billion in Stock; Forms "Zillow Group" Family of Brands

New parent company houses collection of largest home-related brands on mobile and Web

SEATTLE and SAN FRANCISCO, Feb. 17, 2015 - Zillow, Inc. today announced it has completed its previously announced acquisition of Trulia, Inc. for $2.5 billion in a stock-for-stock transaction, and formed Zillow Group, Inc. (NASDAQ:Z), which houses a portfolio of the largest and most vibrant U.S. real estate and home-related brands on mobile and the Web. In addition to Zillow and Trulia, Zillow Group's consumer brand portfolio includes StreetEasy, New York City's leading real estate marketplace, and rental search brand HotPads.

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