Legal News

Sidley Austin Representing Health Care REIT, Inc. in Purchase of HealthLease
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

sidley austin

Summary: The law firm of Sidley Austin has joined the representation group for Health Care REIT, Inc. in its purchase of HealthLease Properties Real Estate Investment Trust and agreement with Mainstreet Property Group.

It was announced this week that Health Care REIT, Inc. (HCN) has entered into an agreement to acquire HealthLease Properties Real Estate Investment Trust for $950 million, according to a press release from the law firm of Law Firm Profile on LawCrossing.com” href=”https://www.lawcrossing.com/lawfirmprofile/7f1x32c59a2oded0387s4e7e1d5l800af35a/Sidley-Austin-LLP/” target=”_blank”>Sidley Austin.

  
What
Where


In addition to HealthLease, HCN has agreed to a partnership with Mainstreet Property Group. This group is the external managing company of HealthLease. When closing occurs with HCN, outstanding agreements between HealthLease and Mainstreet will be dropped. No employees from either company will be absorbed by HCN.

Chief Executive Officer of HCN, Tom DeRosa, said the following in the release: “This transaction again demonstrates HCN’s integral role in the health care delivery continuum. With Mainstreet, HCN is developing the next generation of post-acute care. Further, we are connecting leading health systems, post-acute providers and seniors housing operators to deliver integrated health care delivery platforms that will improve the quality of care, create operating efficiencies and reduce costs.”

The CEO of Mainstreet, Zeke Turner, said the following: “Our vision is to change the way that rehabilitative care is provided. We’re designing environments that meet the needs of today’s health care consumers, who are more empowered than ever. We’re delighted to be partnering with a company like HCN, whose strategy is so well-aligned with our goals. This transaction positions Mainstreet with a capital partner that can help us execute on our vision of transforming the seniors housing and post-acute industries.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Sidley Austin is representing HCN in the purchase of HealthLease and the agreement with mainstreet. The attorneys from the firm working on the case include the following:

  • Matthew G. McQueen – Partner / Corporate, Chicago (Lead)
  • David J. Zampa – Partner / Corporate, Chicago (Lead)
  • Paul D. Monson – Partner / Real Estate, Chicago (Lead Real Estate Attorney)
  • Anthony J. Aiello – Partner / Real Estate, Chicago
  • Brendan M. Bowes – Associate / Corporate, Chicago
  • Matthew D. Stoker – Associate / Corporate, Chicago
  • Molly C. Novy – Associate / Real Estate, Chicago

For law firm health care attorney jobs in Austin Texas please click here to visit LawCrossing.com





 

RELEVANT JOBS

Part-time Contract Federal Government Contracts Attorney

USA-DC-Washington

Koprince Law LLC, a boutique law firm in Lawrence, Kansas that focuses exclusively on the unique leg...

Apply now

Legal Secretary

USA-LA-New Orleans

A New Orleans litigation law firm is seeking an experienced Legal Assistant / Legal Secretary to und...

Apply now

Consumer Bankruptcy Attorney

USA-TX-Fort Worth

We are currently looking for a consumer Bankruptcy Attorney to join our team. This position is respo...

Apply now

Case Manager / Legal Assistant / Paralegal

USA-FL-Clearwater

Want to have a fulfilling career with purpose helping military veterans? We are a *dog friendly* ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Tax Attorney

USA-MI-Bloomfield Hills

Bloomfield Hills office of a BCG Attorney Search Top Ranked Law Firm seeks tax attorney with 10+ yea...

Apply Now

Tax Attorney

USA-MI-Detroit

Detroit office of a BCG Attorney Search Top Ranked Law Firm seeks tax attorney with 10+ years of exp...

Apply Now

Litigation Attorney

USA-IL-Chicago

Illinois office of a BCG Attorney Search Top Ranked Law Firm seeks litigation attorney with 3+ years...

Apply Now

SEARCH IN ARCHIVE

To Top