by Ben Swett | Jan 13, 2016 8:32 am | 60 Seconds, Opinion
Investors are selling senior care stocks, and perhaps because occupancy is in a rut with increasing construction starts. So, what are we to make of the dismal start of the New Year? Investors have hammered away at senior care stocks, and it has been ugly. On Monday,... Read More »
by Ben Swett | Jan 13, 2016 8:31 am | Acquisitions, Financings
Making a splash so far in 2016, Blueprint Healthcare Real Estate Advisors recently announced five end-of-year closings, including two leases. First (and the largest) was the sale of a 206-unit independent/assisted living community in O’Fallon, Missouri to CNL... Read More »
by Ben Swett | Jan 13, 2016 8:30 am | Acquisitions, Financings
Capitol Seniors Housing’s second investment in the Seattle MSA was financed with the help of Aron Will of CBRE National Senior Housing, who arranged a $20.12 million non-recourse, floating rate loan with a five-year term and 36-months of interest-only, provided by a... Read More »
by Ben Swett | Jan 12, 2016 7:16 pm | Acquisitions, Financings, Opinion
As most of you have read recently, Walker & Dunlop closed its largest loan ever (almost double the size of its $670 million financing that the company closed earlier in 2015) in the form of a $1.27 billion seven-year adjustable-rate Freddie Mac loan secured by 78... Read More »
by Ben Swett | Jan 8, 2016 8:31 am | Acquisitions
A not-for-profit CCRC in Milwaukee, Wisconsin boasting a well performing skilled nursing facility was sold by Ray Giannini of Marcus & Millichap for $19 million, or approximately $53,670 per bed/unit, with approximately a 9% cap rate. Built in stages in the early... Read More »