About Ben Swett
Articles Written by Ben Swett
Soft landing for SNF
A not-for-profit owner/operator of skilled nursing and senior care facilities in New Jersey recently acquired a 120-bed facility in Somerset for $12 million, or $100,000 per bed. The buyer, Francis E. Parker Memorial Home Inc., already owns and operates three other... Read More »Big bucks back for SNFs
After a month during which we saw no publicly announced skilled nursing acquisition valued higher than $63,000 per bed (well below the average price of $79,900 per bed in the 12 months ending September 30, 2015), here comes two announced in quick succession early this... Read More »Refinancing with a TIF
When a 57-unit senior living community in Princeton, Minnesota looked to refinance their debt through HUD, but had an existing TIF (Tax Increment Financing) bank loan, which can be incompatible with HUD financing, the borrowers turned to Lancaster Pollard for a... Read More »
Civitas firing on all cylinders
A seniors housing developer active in Texas, after already opening five assisted living/memory care communities in the state last year, with three more currently under construction, is jumping back into the acquisition market to grow its portfolio. Civitas Senior... Read More »Schedule a demo
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