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ProMedica Teams with Welltower to Acquire HCR ManorCare/Quality Care for $2.2 Billion

17-Month Long Saga between Senior Healthcare Provider and its Largest Landlord Comes to an End
CoStar News
April 26, 2018 | 3:08 P.M.

Health care provider ProMedica Health and health care property owner Welltower have jumped into salvage the operations of bankrupt nursing home operator HCR ManorCare. As part of the agreement, the buyers will also acquire the properties of HCR's largest landlord, Quality Care Properties.

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