by Ben Swett | Jan 6, 2016 8:31 am | Acquisitions
Senior Living Investment Brokerage ended an already strong 2015 with eight more announced transactions, totaling over $47 million. All told, there were four skilled nursing sales, with a total of 420 beds in those transactions, located across the country in Chicago,... Read More »
by Ben Swett | Jan 6, 2016 8:30 am | Financings
HUD saw its largest single-asset, skilled nursing facility loan ever, when Housing & Healthcare Finance (HHC Finance) closed an $80.7 million 232/223(f) loan to refinance the existing conventional bank debt at a 520-bed skilled nursing facility in Manhattan, New... Read More »
by Ben Swett | Jan 5, 2016 8:33 pm | Acquisitions
We wrote a few months ago that American Realty Capital Healthcare Trust appeared to be going strategic in their deal making, meaning they were purchasing smaller one-off communities rather than the larger portfolio sales they were known for. In fact, in all of their... Read More »
by Ben Swett | Dec 23, 2015 4:04 pm | Opinion
As expected, Five Star Quality Care has rejected the offer by an affiliate of Senior Star to purchase the 33 owned senior living communities for $325 million. Basically, the board said the assets are not for sale, and that the company could improve the value of the... Read More »
by Ben Swett | Dec 23, 2015 4:01 pm | Acquisitions
Shep Roylance of The JCH Group is sprinting to the finish line in 2015, announcing four closings with a fifth on its way. First, earlier this month, Mr. Roylance closed the sale of a 175-bed skilled nursing facility in Sylmar, California for $14.4 million, or $82,300... Read More »