About Ben Swett

Articles Written by Ben Swett

Troubles Everywhere

by | Feb 12, 2016 8:31 am | Opinion

This week can go down as one of the worst we have seen in the seniors housing and care market. Putting aside the nearly $10 billion drop in market value of the healthcare REITs and senior care companies, when analysts start asking HCP, Inc. whether they think HCR... Read More »
Father/son tag team steps down

Father/son tag team steps down

by | Feb 12, 2016 8:30 am | Acquisitions

A father and son team is selling their only senior care asset, a 48-unit assisted living/memory care community in North Carolina, for $3.65 million, or $76,042 per unit. Built in 1984, the community features all double-occupancy rooms, with 64 adult care home beds and... Read More »
Turn around…again

Turn around…again

by | Feb 11, 2016 9:09 pm | Acquisitions

When Platinum Healthcare purchased a 197-unit CCRC in Cincinnati, Ohio in September 2014 for $3 million, the community had already posted a $1.5 million loss on $5.9 million of revenues in 2013. This was even after the previous owner, Deaconess Long-Term Care,... Read More »

Senior Care and REIT Stocks Collapse

by | Feb 10, 2016 8:32 am | 60 Seconds, Opinion

Brookdale Senior Living and HCP, Inc. were the first to report on fourth quarter earnings, and investors did not like what they heard. I really don’t know what to say about the news that came out yesterday, other than it had a disastrous impact on the market.... Read More »

The Ensign Group funds its future

by | Feb 10, 2016 8:31 am | Financings

Already one of the more prolific buyers in the healthcare M&A market with 23 transactions in 2015 across the Long-Term Care, Home Health Care and “Other Services” sectors, The Ensign Group is positioning itself for another big year in M&A and increased its... Read More »