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 »
by Ben Swett | Feb 24, 2016 8:31 am | Acquisitions, Financings
HFF recently announced the closing of a sale that we reported on in the January issue of The SeniorCare Investor (but didn’t have full details). The acquired 93-unit assisted living/memory care community is located in the Upper Queen Anne neighborhood in Seattle,... Read More »
by Ben Swett | Feb 24, 2016 8:30 am | Financings
John Randolph and Charlie Shoop of KeyBank’s Healthcare Mortgage Group recently arranged $47.7 million of permanent financing, which included a $28.5 million HUD loan and a $9.2 million Fannie Mae loan, to refinance a portfolio of six assisted living communities. The... Read More »