Formation and Safanad Join with Court Cavendish to Acquire NHP

LONDON, 3 November 2014

NHP has today announced that Formation Capital in partnership with Safanad, a global principal investment firm, and Court Cavendish, the healthcare turnaround specialist and the management team at HC-One, have signed a binding commitment to acquire NHP. The deal is expected to complete in November 2014.

NHP, which comprises 273 Freehold care homes, […]

November 3rd, 2014|

Formation Capital And Safanad Close On $150 Million Skilled Nursing Portfolio

Formation Capital and Safanad close on $150 million skilled nursing portfolio. 

Press Release

New York, NY – July 18, 2014 – Formation Capital, a healthcare focused private investment firm, together with Safanad Limited, a global principal investment firm, today announced the acquisition of fourteen skilled nursing facilities in the mid-Atlantic region for approximately $150 million.  The portfolio […]

July 18th, 2014|

Safanad and Ron Packard Announce Launch of Pansophic Learning

Safanad Limited, a global principal investment firm, and Ron Packard, K12 Inc. founder and former CEO, today announced the launch of Pansophic Learning, a new company whose mission will be to provide access to a high quality education for every student worldwide.

Press Release
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June 13th, 2014|

Formation Capital and Safanad to Sell $1 Billion Healthcare Real Estate Portfolio

Formation Capital (“Formation”) and Safanad Limited (“Safanad”) today announced that they have entered into an agreement to sell a $1.05 billion healthcare real estate portfolio comprised of 43 primarily private-pay senior housing facilities and 37 skilled nursing facilities (the “Portfolio”) to NorthStar Realty Finance Corp.

Press Release
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March 17th, 2014|