by Ben Swett | Jan 27, 2016 8:32 am | 60 Seconds, Opinion
After falling by 60% in 2015, Genesis shares plunge on revised revenue and earnings forecasts. Talk about a disaster. Just when we thought all senior care stocks had bottomed out, Genesis HealthCare wasn’t done. All the others are now well above their recent lows, but... Read More »
by Ben Swett | Jan 27, 2016 8:31 am | Developments, Financings
After announcing two large development projects funded by Hawkeye Partners’s Scout Fund II last year, Boston-based Blue Moon Capital Partners will go to the well once more to build another large senior living community, this time in Katy, Texas. The project, which... Read More »
by Ben Swett | Jan 27, 2016 8:30 am | Acquisitions
Jim Knapp of Marcus & Millichap has been busy in the state of Michigan lately, closing two transactions in the last few weeks, totaling over $12 million. Starting in the town of Flushing (located just upriver from Flint), Mr. Knapp sold a 52-unit assisted living... Read More »
by Ben Swett | Jan 26, 2016 9:20 pm | Acquisitions, Financings
Capital Funding Group closed three bridge-to-HUD loans for three turnaround opportunities totaling over $25 million, all of which helped finance acquisitions. First, Gary Sever originated a $10.8 million loan, provided by Capital Lending and Mortgage Group, to... Read More »
by Ben Swett | Jan 22, 2016 8:32 am | Developments, Opinion
In our most recent webinar, held on January 21 and titled “Investing in the Senior Care Development Market,” we asked our listeners a couple of questions to gauge their opinion on certain potentially pivotal matters in the industry. First, we asked “Today, is it... Read More »