by Ben Swett | 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 »
by Ben Swett | 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 »
by Ben Swett | Dec 17, 2015 3:00 pm | Opinion
David Friend is a Managing Director and CTO at BDO Center for Healthcare Excellence & Innovation. He has more than 35 years of global healthcare experience and provides advice on mergers and acquisitions, strategy, clinical integration, physician engagement, and... Read More »
by Ben Swett | Dec 16, 2015 8:31 am | 60 Seconds, Opinion
A year-end tribute to the seniors housing and care brokers. Twas the night before Christmas and all through the building Not a broker was stirring, not even Brad Clousing The listings were hung by Mike with care In hopes that Chris Brogdon soon would be there. ... Read More »
by Ben Swett | Dec 16, 2015 8:30 am | Acquisitions, Financings
The Healthcare Lending group of Congressional Bank recently announced that it closed three separate transactions (with five loans) totaling $11.6 million, which all helped facilitate acquisitions for the borrowers. First, Congressional provided a $3 million... Read More »