60 Seconds with Steve

An Unprecedented Bull Market For Senior Care Acquisitions

The end of June marks the seventh full year of this unprecedented bull market for seniors housing and care acquisitions. We have hit yet another milestone, as the end of June will represent the seventh consecutive year of a bull market for seniors housing and care acquisitions. Not all bulls, however, are created equal, as […]

60 Seconds with Steve

Brookdale and HCR ManorCare May Deal

Brookdale Senior Living is rumored to be in exclusive talks with a Chinese investor, and Carlyle Group may finally get out of its HCR ManorCare position. A new rumor was out yesterday that China-based Zhonghong Zhuoye Group was in exclusive negotiations with Brookdale Senior Living after making an offer to buy the company for $3.0 […]

60 Seconds with Steve

New Senior Living Investment Fund

A new investment fund called Senior Living Fund is in the market and funding new developments with enticing promotional returns to investors. There is a new investment fund on the street, called Senior Living Fund, which is mostly investing in to-be-built private pay senior living communities. In their Senior Living Fund IV – USA, investments […]

60 Seconds with Steve

Real Estate vs. Business Value For Healthcare Properties

Acuity level can impact what is driving business value and real estate value in healthcare properties, something all lenders and investors should understand. The separating out of business value from real estate value in healthcare properties has always been a controversial issue. When lenders lend against the value of an LTAC or a skilled nursing […]

60 Seconds with Steve

New Senior Care M&A Data

Assisted living per-unit prices rise for the latest four quarters, while skilled nursing remains the same. It was a relatively slow first quarter with regard to publicly announced seniors housing and care acquisitions, other than some old large deals announced last year that finally closed in the quarter. On a rolling four quarters basis, the […]