Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

read more >

Gentiva to buy Harden Healthcare for $408.8M

 

ATLANTA (AP) — Gentiva Health Services Inc. plans to purchase the home health, hospice and community care businesses of Harden Healthcare Holdings Inc. in a cash-and-stock deal worth about $408.8 million.

The Atlanta company said Thursday it will pay $355 million in cash and about $53.8 million in stock. Harden generated about $476 million in revenue last year, excluding the company's long-term care business, which its shareholders will keep.

Harden operates in 13 states and has a large presence in Texas. Gentiva provides home health and hospice care, including skilled nursing, physical, occupational, speech and neurorehabilitation services.

Harden shareholders and the boards of directors for both companies have approved the deal, which is expected to close in the fourth quarter.

Gentiva expects the acquisition to begin helping adjusted earnings, which exclude one-time costs, within the first year after it closes.

Gentiva shares closed at $11.14 on Wednesday. They have traded in a 52-week range of $8.47 to $13.85.
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?