About Ben Swett

Articles Written by Ben Swett

Finish with a bang

by | 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 »

Will power

by | Dec 21, 2015 8:53 pm | Acquisitions, Financings

A pair of well-located, well-occupied and relatively new assisted living/memory care communities in Suffolk County, New York recently received $62.8 million in financing arranged by Aron Will of CBRE National Senior Housing. The loan, which featured a five-year fixed... Read More »

Seniors Housing Companies on the Defensive

by | Dec 18, 2015 8:31 am | Opinion

Oh, what an end of the year. With just three publicly traded seniors housing companies, all three are under some sort of pressure to do something to increase shareholder value. First it was Brookdale Senior Living, then Capital Senior Living and now Five Star Quality... Read More »

Alley at work

by | Dec 18, 2015 8:30 am | Acquisitions

Matthew Alley of Senior Living Investment Brokerage recently closed two transactions, both featuring potential turnaround opportunities. First, Mr. Alley handled the sale of a 62-bed skilled nursing facility in Poteet, Texas for $850,000, or $13,700 per bed. Built in... Read More »

Reposition then refinance

by | Dec 17, 2015 8:53 pm | Financings

After purchasing an 84-bed/49-unit memory care community in Phoenix, Arizona in 2013, the new ownership invested significant capital to reposition the community and make it more competitive. It also helped that an experienced local operator was in the ownership group... Read More »