by Steve Monroe | May 30, 2019 2:38 pm | Financings
Watercrest Senior Living Group’s first-ever “Market Street” senior living community located in Viera, Florida, recently refinanced with the help of Israel Discount Bank of New York (IDB Bank). Opened in 2016 under Watercrest’s new stand-alone memory care brand, the... Read More »
by Steve Monroe | May 29, 2019 7:01 am | 60 Seconds, Opinion
Stock values still hitting lows, but not cheap enough for big buyers to come in. I am not sure if you have been following it, but Capital Senior Living’s share price just hit a new low yesterday. In fact, the market value of the company is just $110 million. Think... Read More »
by Steve Monroe | May 29, 2019 7:00 am | Acquisitions
There was a lot more than meets the eye for Evans Senior Investments’ latest closing in California, and it’s something the industry should take notice of. The sale involved an 87-unit senior living community in San Luis Obispo, which was built in 2000 and expanded in... Read More »
by Steve Monroe | May 28, 2019 4:24 pm | Financings
Chris Honn of Regions Bank’s Healthcare Real Estate Group worked on behalf of an Ohio-based private owner to close a $16.8 million bridge loan with a floating interest rate and two-year term. The loan is also interest-only for the entire term, until maturity, when... Read More »
by Steve Monroe | May 28, 2019 4:20 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Owner/operatorThe Manse on Marsh$12.775 million Not disclosedBright Oaks of Aurora$12.7 million Invesque Inc.Commonwealth Senior Living portfolio$340.4 million National Health... Read More »