by Steph Mallozzi | Jun 5, 2024 8:41 am | Acquisitions
The Ensign Group acquired the real estate and operations of Wellsprings of Gilbert, a 32-bed skilled nursing facility in Gilbert, Arizona. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc. In a separate transaction, Ensign acquired... Read More »
by Steph Mallozzi | Jun 4, 2024 4:41 pm | 60 Seconds, Opinion
We conducted a survey of our readers, asking some questions on the skilled nursing M&A market. Most of the results will be featured in the June issue of The SeniorCare Investor, released later this week, but here are a couple of takeaways from it. First, we asked... Read More »
by Steph Mallozzi | May 31, 2024 3:35 pm | Acquisitions, Uncategorized
Newmark announced the sale of a seniors housing portfolio featuring assets spread across three states. Dubbed Project Stone, the four-community portfolio includes Class-A communities at irreplaceable locations in strong Ohio, Kentucky and Missouri submarkets.... Read More »
by Steph Mallozzi | May 31, 2024 3:32 pm | Acquisitions
Haven Senior Investments facilitated the sale of two seniors housing communities in eastern Kansas that total 59 assisted living and memory care units. The purchase price was $3.4 million, or $57,600 per unit. The seller, MorningStar Care Homes, divested one of its... Read More »
by Steph Mallozzi | May 30, 2024 3:37 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a standalone memory care community in Alpharetta, Georgia, that benefits from strong on-site leadership and a great reputation in the local market. The seller, Insignia Senior Living, is selling its United... Read More »