Funds and ETFs Regional Health Properties, Inc.

Equities

RHE

US75903M3097

Real Estate Development & Operations

Market Closed - Nyse 04:10:00 2024-04-26 pm EDT 5-day change 1st Jan Change
2.96 USD -1.33% Intraday chart for Regional Health Properties, Inc. +2.42% +45.91%
Regional Health Properties, Inc. is a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care. 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 operates through two segments: Real Estate and Healthcare Services. The Real Estate segment 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. The Healthcare Services segment consists of operating healthcare facilities. The Company’s portfolio of about 13 properties, across 12 facilities (one facility containing 2 co-located properties), 12 owned and one leased, comprising 1,300 licensed beds/units, is diversified across five states. Its portfolio is diversified by six licensed operators.
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