by Ben Swett | Mar 2, 2016 8:30 am | Opinion
On March 1, Brookdale Senior Living announced a major change to its senior leadership. Effective March 18, the company’s President, Mark Ohlendorf, and effective March 11, its former Chief Accounting Officer and Treasurer and current Executive Vice President, Kristin... Read More »
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 »