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 | Oct 31, 2024 3:58 pm | Acquisitions
The U.S. Bankruptcy Court for the Western District of Pennsylvania has approved the sale of eight Guardian Healthcare-owned skilled nursing facilities in Pennsylvania (seven facilities) and Fairmont, West Virginia to GBK Eight LLC. The eight facilities total 587 beds.... Read More »
by Ben Swett | Oct 31, 2024 3:57 pm | Acquisitions
Two Class-A communities in Colorado traded for a combined $30 million, or $214,300 per unit. The deal included The Lodge at Greeley and The Lodge at Grand Junction, two 100% private pay communities with a total of 140 units. The Greeley community was built in 2020... Read More »
by Ben Swett | Oct 30, 2024 10:47 am | Acquisitions
One of the largest seniors housing portfolio deals of the year just closed, also for one of the highest per-unit prices we have seen for the sector. And among portfolios, it was the highest publicly reported per-unit price we have seen in a couple of years. The... Read More »
by Ben Swett | Oct 29, 2024 5:11 pm | Acquisitions
Alongside its third quarter earnings report, CareTrust REIT and a joint venture partner announced a binding agreement to acquire a portfolio of 31 skilled nursing facilities in the Southeast for approximately $500 million, or $152,000 per bed. With 30 facilities in... Read More »
by Ben Swett | Oct 29, 2024 4:55 pm | Opinion
Welltower announced its third quarter earnings results, and they were better than even the most optimistic investors thought they would. Probably better than what CEO Shankh Mitra thought they would be six months ago. Everything is up, and while not where the... Read More »