by Steve Monroe | May 31, 2019 7:00 am | Financings
Four years on from their acquisition, four skilled nursing facilities owned by Summit Healthcare REIT refinanced through HUD, thanks to Jason Dopoulos of Lancaster Pollard. Located in Granbury, Woodville, Jacksonville, and Longview, Texas, Summit and its joint venture... Read More »
by Steve Monroe | May 30, 2019 2:40 pm | Acquisitions
Two skilled nursing facilities in Texas previously operated by the now-bankrupt Senior Care Centers found new tenants, courtesy of Helios Healthcare Advisors. Each featuring 120 beds, the Lubbock and Houston facilities are owned by a Texas-based developer that wanted... Read More »
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 »