by Ben Swett | Mar 1, 2016 9:09 pm | Acquisitions
In the depths of this winter, let’s head south to Largo, Florida, where the subsidiary of the owner of rehabilitation, skilled nursing, assisted living and independent living communities throughout the country purchased a 128-bed assisted living/memory care community... Read More »
by Ben Swett | Feb 26, 2016 8:31 am | Opinion, Statistics
After a record-setting year across all senior care sectors in 2014, average skilled nursing facility prices soared again to a new record of $85,900 per bed, or 12% higher than in 2014. In the assisted living market, the average price paid per unit just topped the... Read More »
by Ben Swett | Feb 26, 2016 8:30 am | Acquisitions
Just two years after acquiring a 114-unit assisted living/memory care community in Peoria, Arizona (Phoenix MSA), Platinum Health Care decided to sell, more than doubling its value in the process. Back in February 2014, the Skokie, Illinois-based owner/operator bought... Read More »
by Ben Swett | Feb 25, 2016 8:33 pm | Developments, Financings
After topping our 2015 broker list in terms of dollar volume, with $1.45 billion in transactions closed that year, HFF is off to a strong start in 2016. On the financing side, the company, led by James Fowler, Ryan Maconachy and Chad Lavender, recently arranged $95.5... Read More »
by Ben Swett | Feb 24, 2016 8:32 am | 60 Seconds, Opinion
Record prices again for skilled nursing facilities in 2015, while some of the larger players still struggle. You know I have been talking about the disconnect in the public equity markets for a few months. Some of the largest skilled nursing companies have seen a... Read More »