About Ben Swett
Ben joined Irving Levin in the summer of 2014 as an Analyst, responsible for the research and reporting on seniors housing M&A and finance news for the Senior Care Investor, in addition to providing research and analysis for Irving Levin’s healthcare sector reports.
Ben graduated from Hamilton College with a B.A. in History (concentrating on the American Civil War) and minors in French and Economics. When not at the office, chances are you will find Ben on the tennis court.
by Ben Swett | Aug 13, 2024 4:02 pm | Acquisitions
It’s been a record-setting year, so far, for M&A activity, and 2024 could mark a record for Senior Living Investment Brokerage, as well. After a little more than half the year, the firm has so far closed 42 transactions, split between 28 seniors housing and 14... Read More »
by Ben Swett | Aug 9, 2024 2:29 pm | Financings
Berkadia’s Steve Muth and Austin Sacco arranged the refinance of a 135-unit seniors housing community in Kensington, Maryland. Modena Reserve at Kensington was opened in December 2021 in an affluent area with 62 independent living, 47 assisted living and 26 memory... Read More »
by Ben Swett | Aug 8, 2024 6:33 pm | Acquisitions, Financings
National Health Investors appears set to get off the M&A sidelines, “sidelines” being relative for the REIT which has engaged in a fraction of new investments compared with pre-pandemic years. So far in 2024, NHI has closed on $56.6 million of investments with an... Read More »
by Ben Swett | Aug 8, 2024 6:29 pm | Financings
CreativCap closed a lifeco refinance for an existing, Class-A assisted living/memory care community in Northbrook, Illinois. Consisting of two buildings, the community opened in 2014 with 188 units. It leased up well and underwent a $16 million expansion and... Read More »
by Ben Swett | Aug 7, 2024 8:28 am | Acquisitions
Fewer and fewer counties have been able to hold onto their skilled nursing facilities, often lacking the scale (or expertise) to operate them profitably and having to support large losses on their books for years. COVID, the staffing shortage and soaring expenses did... Read More »