by Steve Monroe | Jun 11, 2019 4:03 pm | Financings
Every now and then, there is a transaction that really highlights the two diverging skilled nursing markets. On the one side are the older, traditional SNFs that struggle with high Medicaid censuses, rising physical plant costs and shrinking operating margins, and... Read More »
by Steve Monroe | Jun 11, 2019 3:58 pm | Financings
A Bay Area senior living community recently refinanced with the help of the A-team at CBRE that included Andrew Behrens, Aron Will, Austin Sacco and Adam Mincberg. The borrower was a joint venture between northern California owner/operator Carlton Senior Living plus... Read More »
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 »