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 | Nov 8, 2024 8:07 am | Financings
CBRE secured a Fannie Mae refinance for a seniors housing community in San Leandro, California, on behalf of the borrower, Carlton Senior Living. Built in 1997, the community features 147 units of assisted living and memory care in a high-barrier-to-entry market in... Read More »
by Ben Swett | Nov 5, 2024 4:33 pm | Acquisitions
A small, rural memory care community traded in Illinois, and for a market cap rate. Built in 2012, the community features just 46 units in the town of Taylorsville in central Illinois. It was 87% occupied, and was operating at a 14% margin on more than $2.9 million of... Read More »
by Ben Swett | Nov 5, 2024 4:32 pm | Acquisitions
Active adult deals have been relatively rare this year, as interest rates rose above AA’s typical cap rates, but we’ve seen a smattering of older assets trade in recent weeks. Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of... Read More »
by Ben Swett | Nov 5, 2024 4:30 pm | Acquisitions
Blueprint’s Brooks Blackmon, Kory Buzin and Lauren Nagle handled the sale of two assisted living/memory care communities in Richmond, Virginia. A national owner/operator decided to divest the properties, which could improve their occupancies. Average revenue per... Read More »
by Ben Swett | Nov 5, 2024 4:29 pm | 60 Seconds, Acquisitions, Statistics
For those of us who track the seniors housing and care M&A market, October was like drinking from a firehose from the start of the month to the finish. And an active earnings week kicked things into another gear. We have to start with the 73 deals made public... Read More »