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Home > Company Index > Real Estate > REIT - Healthcare Facilities > Monarch Properties, Inc.
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Monarch Properties, Inc. |
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PROFILE |
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Monarch Properties may be counted among the royalty of real estate investment trusts (REITs) that own health care-related properties. The REIT owns more than 30 facilities, all of which it purchased from Integrated Health Services, a post-acute health care services provider. Monarch leases these facilities, which include skilled nursing centers and specialty hospitals, to Lyric Health Care Holdings, which is half-owned by Integrated Health Services. The REIT operates nationwide. Integrated Health Services, which manages all of Monarch's properties, has filed for Chapter 11 bankruptcy because of reduced government reimbursements.
COMPETITION |
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Health Care Property Investors, Inc. (HCP)
Healthcare Realty Trust Incorporated (HR)
National Health Investors, Inc. (NHI)
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FINANCIAL OVERVIEW |
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1997 Sales (mil.): 0.00
Employees: 5
Revenue per employee: $0.00
KEY PEOPLE |
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John B. Poole
CEO
Douglas Listman
CFO
CONTACT INFO |
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9240 Bonita Beach Rd.
Bonita Springs, FL 34135
US
Phone: 941-949-2155
Fax: 941-949-2154
Online: Web Site
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