by Ben Swett | Feb 18, 2016 9:08 pm | Acquisitions
The joint venture owner of a 283-unit entrance fee CCRC in Brentwood, Tennessee recently reshuffled its ownership, with a minority stakeholder acquiring the 70% share from partner and co-developer, Westminster Capital. Back in 2007, Westminster, Harpeth Green... Read More »
by Ben Swett | Feb 17, 2016 2:57 pm | 60 Seconds, Opinion
Asset valuations are out of whack amid continued investor appetite for properties but not companies. I will be honest, sometimes I just don’t get it. I know some of you think I do, but the level of weirdness out there is greater than I have seen in my 30 years... Read More »
by Ben Swett | Feb 17, 2016 8:31 am | Developments, Financings
A brand new supportive living facility is set to go up on a 2.5-acre lot in an urban neighborhood around six miles from downtown Chicago. All 120 studio and one-bedroom units will be backed by Illinois’s Supportive Living Program, which is an apartment-style... Read More »
by Ben Swett | Feb 17, 2016 8:30 am | Acquisitions
After a busy year during which it made over $1.55 billion in healthcare acquisitions, Griffin-American Healthcare REIT-III recently made a relatively small deal in central Pennsylvania, acquiring a 120-unit independent/assisted living community in Palmyra for an... Read More »
by Ben Swett | Feb 16, 2016 10:27 pm | Acquisitions
Already with three skilled nursing facilities in the state of New York, Vita Healthcare Group (which is based in New Jersey) has in the past seven months worked to grow its presence in the Mid-Atlantic region. Back in June 2015, the company purchased two facilities... Read More »