Tag Archives: integrate

More than 700 register for Lights FC player integrate

Image

Thanks To Las Vegas Lights FC José Luis Sánchez Solá, who was named the first coach of the Las Vegas Lights FC on Nov. 13, 2017, postures for a picture in downtown Las Vegas.

. The Las Vegas Lights FC have actually closed registration for their local player combine after more than 700 sign-ups.

The event, which will be Dec. 9 and 10 at the Kellogg Zaher Soccer Complex, 7901 W. Washington Ave., lest regional soccer gamers showcase their abilities in front of Lights coaches and scouts.

“The action to this gamer combine from Las Vegas is tremendous,” Lights FC head coach José Luis Sanchez Solá said. “I naturally am out to discover local skill to make our team have real Las Vegas taste, but this outstanding action to our combine alone shows simply how starving the city is for professional soccer. Now, we want to give them a team that matches the city’s desire.”

Registration for the occasion is now closed. Gamers who were unable to sign up and would like consideration from the Lights can contact the club through email at [ e-mail protected]

The Lights become the 33rd group in the United Soccer League and will begin play at Cashman Field in February.

Sabra Health Care and Care Capital Residence To Integrate in $7.4 Billion Deal

Sabra Health Care REIT Inc.(Nasdaq: SBRA)and Care Capital Characteristic Inc.(NYSE: CCP) have accepted combine in an all-stock merger. The combined company is anticipated to have a pro forma total market capitalization of $7.4 billion and an equity market capitalization of around $4.3 billion.

Upon completion of the merger, the business will run under the Sabra name and its typical stock will be noted under the ticker sign (NASDAQ: SBRA). The business will be based in Irvine,

California. Under the terms of the arrangement, Chicago-based Care Capital Characteristic investors will get 1.123 shares of Sabra common stock for each share of CCP common stock they own. Sabra’s equipped closed Friday at a share cost of $26.68;

Care Capital’s stock closed at $26.79 per show a market capitalization $2.25 billion. Its pre-market opening cost today was approximately $28.30 giving it a brand-new estimated market cap of $2.38 billion.

Upon closing of the merger, Sabra investors are anticipated to own roughly 41% and the previous CCP shareholders are anticipated to own roughly 59% of the combined business.

The merger brings produces a health care REIT with a portfolio of 564 financial investments with an occupant make up more diversified by operator, geography and property type. No one tenant will represent more than 11% of the annualized net operating income of the combined business.

Since year-end 2016, Sabra’s property portfolio consisted of 97 competent nursing/transitional care facilities, 85 senior housing centers, and one intense care hospital) with a total of 18,878 beds/units.

Since year-end 2016, CCP’s portfolio consisted of 314 proficient nursing centers, 16 senior real estate communities and 16 specialized healthcare facilities amounting to 38,000 beds/units.

The merger is anticipated to generate annual expense savings of $20 million, according to the two business.

“We have actually reshaped, diversified and enhanced the Sabra portfolio and this transaction represents a rational and significant next step on that journey,” stated Rick Matros, CEO and chairman of Sabra. “Our balance sheet and access to capital will enable us to continue investing in senior real estate assets to balance our portfolio mix.”

The present management team of Sabra will lead the combined business, with Rick Matros to serve as Chairman and CEO, Harold Andrews as CFO and Talya Nevo-Hacohen as CIO.

Raymond Lewis, CEO of Care Capital Residence specified: “Given that ending up being a public business in August of 2015, CCP has actually striven to reposition our portfolio for success and development with strategic operators.”

Lewis and two extra directors from CCP will sign up with the board of the combined business.

UBS Financial investment Bank is acting as financial advisor to Sabra and O’Melveny & & Myers LLP and Fried, Frank, Harris, Shriver & & Jacobson LLP are serving as legal consultants to Sabra. BofA Merrill Lynch is acting as lead monetary consultant and Barclays is acting as monetary advisor to CCP. Sidley Austin LLP is acting as legal advisor to CCP.

The Sabra-CCP merger announcement this morning comes on the heels of 2 significant medical property offers last week.

Health care Trust of America Inc. (NYSE: HTA)accepted purchase all of the medical office complex owned by Duke Real estate Corp. (NYSE: DRE) and its medical development pipeline for $2.75 billion in cash. The cost breaks down to roughly $450/square foot.

In another large healthcare property deal, the real estate private equity system of Boca Raton, FL-based Kayne Anderson Capital Advisors LP announced it will get Sentio Healthcare Characteristic Inc., a health care REIT backed by private equity giant KKR & & Co. LP, for $825 million.