by Steve Monroe | Jun 10, 2019 7:00 am | Acquisitions
A local mom & pop sold its only skilled nursing facility in Lodi, California, and hired Rob Reis of Marcus & Millichap to seal the deal. Built in stages between 1956 and 1964, the facility features 86 licensed beds in 49 units, split between 14 private rooms,... Read More »
by Steve Monroe | Jun 10, 2019 6:59 am | Statistics
Size has consistently mattered when it comes to evaluating the risk of a seniors housing community, which includes independent living, assisted living and memory care. Bigger communities are able to use scale to trim expenses, which could be huge if you have to pay... Read More »
by Steve Monroe | Jun 7, 2019 2:10 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Ventas, Inc.Canadian Seniors Housing Portfolio$1.8 billion National Health Investors, Inc.6 senior living communities$126.85 million The Ensign Group, Inc.Golden Palms Rehabilitation... Read More »
by Steve Monroe | Jun 7, 2019 7:02 am | Opinion
Oh, how times have changed. And the mighty have fallen. Taking a look at the June issue of The SeniorCare Investor from 2006, what headline appears? “Brookdale Becomes King: Changing the Face of Seniors Housing.” Hindsight is 20/20, but there were already warning... Read More »
by Steve Monroe | Jun 7, 2019 7:01 am | Acquisitions
Blueprint Healthcare Real Estate Advisors announced a couple of Ohio closings at the start of June. The firm first sold an 88-bed skilled nursing facility in Orrville, a small town about 40 miles south of Cleveland. Originally built in 1974, the facility was recently... Read More »