Quality Care Properties Inc
A real estate investment trust (REIT) that owns and leases skilled nursing and memory care facilities across the United States, including the HCR ManorCare and Arden Courts properties where older adults receive post-acute and dementia care. It was born in 2016 when the healthcare REIT HCP spun off its ManorCare portfolio into a new standalone company, whose name was chosen to reflect its focus on post-acute and memory care properties. Its independent life was brief: in 2018 Welltower and the nonprofit ProMedica health system jointly bought it, folding its facilities into ProMedica Senior Care.
Common REIT shares — Acquired by Welltower Inc in 2018, delisted
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