by Irving Levin | Feb 18, 2022 12:33 pm | Uncategorized
About the webinar: The pandemic shook the seniors housing and care industry like no crisis possibly has before. Average census plunged across the country, as did profits, and it took several iterations of government aid to keep many facilities afloat. In the first... Read More »
by Irving Levin | Feb 17, 2022 3:59 pm | Opinion
There were no surprises in Welltower’s fourth quarter and full-year 2021 earnings report, which we suppose is a good thing. Could the seniors housing portfolio be performing better? Yes, but so could everyone else’s portfolio. The U.S. seniors housing owned portfolio... Read More »
by Irving Levin | Feb 4, 2022 3:49 pm | Acquisitions
Sienna Senior Living has announced a strategic joint venture with Sabra Health Care REIT to purchase a $243 million (C$307.5 million) portfolio of eleven private-pay retirement residences in Ontario and Saskatchewan. This will be Sienna’s first venture into the... Read More »
by Irving Levin | Feb 3, 2022 4:12 pm | Acquisitions
Newmark recently announced a closing on Mangrove Bay in Jupiter, Florida, and while we’ve heard of some high per-unit prices over the last year, this purchase is rumored to set a new state record for per-unit price. Blackstone divested the Class-A community to an... Read More »
by Irving Levin | Jan 26, 2022 10:42 am | Financings
Berkadia Seniors Housing & Healthcare recently announced $47 million in financing for five skilled nursing facilities across the country. Managing Director Jay Healy secured the financing on behalf of the borrowers. First, we have the HUD refinancing of a... Read More »