by Steve Monroe | Jun 7, 2019 7:00 am | Acquisitions
The Ensign Group may have just spun off its senior living assets into a new entity named The Pennant Group, but the firm can’t fully shake the seniors housing business, acquiring a senior care campus with 38 assisted living and 92 independent living units, along with... Read More »
by Steve Monroe | Jun 6, 2019 2:27 pm | Financings
Dwight Capital followed up on a productive Spring to close a bridge loan for a Long Island assisted living community. Sitting on over eight acres in Port Jefferson Station, this community features 181 beds of Medicaid-funded assisted living on the same campus as a... Read More »
by Steve Monroe | Jun 6, 2019 2:22 pm | Developments
After 10 years in business, Solvere Living continues to expand its portfolio of managed senior living communities, recently adding three more in Texas and Florida to bring its total to 15 properties across eight states. The Texas community is located in Plano near... Read More »
by Steve Monroe | Jun 5, 2019 7:02 am | 60 Seconds, Opinion
Have we hit bottom, or will values continue to decline? Join us next Thursday as we try to decipher what the market holds for investors over the next several years. Depending on who you talk to, skilled nursing facility values, and the SNF M&A market in general,... Read More »
by Steve Monroe | Jun 5, 2019 7:01 am | Acquisitions
The Big-3 REITs are back as buyers, with Ventas making the biggest splash of them all by acquiring 31 senior living communities in Quebec for approximately C$2.4 billion, or US$1.8 billion. Made in an 85/15% partnership with the in-place operator, Le Groupe Maurice,... Read More »