Does Size Matter in Seniors Housing?

Last week, we took a look at the relationship between the size of the skilled nursing facility and the price it sold at, according to statistics from our just-published Skilled Nursing Acquisition & Investment Report. And like skilled nursing facilities, the larger the seniors housing property, the higher price paid for it, generally. That is […]

 

 

 

 

New York Real Estate Firm Enters SNF Market

Patrick Burke of Senior Living Investment Brokerage sold a pair of southern skilled nursing facilities to a Northeast-based real estate investment firm. Totaling 243 beds, the facilities were built between 1986 and 1990 and combined for 75% occupancy. The seller, an independent owner/operator, decided to exit the long-term care industry, after the problems started mounting […]

HHC Finance Refinances New York-Area SNF

Several years after acquiring a 160-bed skilled nursing facility, an experienced owner/operator is refinancing with the help of Housing & Healthcare Finance. Working through HUD, HHC Finance closed a $28 million loan for the greater New York area facility, replacing higher-rate and shorter-term debt in the process. Since the acquisition, the owner has significantly improved […]