by Ben Swett | Feb 19, 2016 8:30 am | Acquisitions
The team of Jim Hazzard and Nick Stahler of The JCH Group closed the sale of two assisted living/memory care communities totaling $18.9 million. First up, an owner/operator sold its only senior care asset, an 86-unit AL/MC community in San Bernadino County, for $13.6... Read More »
by Ben Swett | Feb 18, 2016 9:08 pm | Acquisitions
The joint venture owner of a 283-unit entrance fee CCRC in Brentwood, Tennessee recently reshuffled its ownership, with a minority stakeholder acquiring the 70% share from partner and co-developer, Westminster Capital. Back in 2007, Westminster, Harpeth Green... Read More »
by Ben Swett | Feb 17, 2016 2:57 pm | 60 Seconds, Opinion
Asset valuations are out of whack amid continued investor appetite for properties but not companies. I will be honest, sometimes I just don’t get it. I know some of you think I do, but the level of weirdness out there is greater than I have seen in my 30 years... Read More »
by Ben Swett | Feb 17, 2016 8:31 am | Developments, Financings
A brand new supportive living facility is set to go up on a 2.5-acre lot in an urban neighborhood around six miles from downtown Chicago. All 120 studio and one-bedroom units will be backed by Illinois’s Supportive Living Program, which is an apartment-style... Read More »
by Ben Swett | Feb 17, 2016 8:30 am | Acquisitions
After a busy year during which it made over $1.55 billion in healthcare acquisitions, Griffin-American Healthcare REIT-III recently made a relatively small deal in central Pennsylvania, acquiring a 120-unit independent/assisted living community in Palmyra for an... Read More »