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 »
by Steve Monroe | May 24, 2019 7:01 am | Acquisitions
Toronto, Canada-based Invesque (TSX: IVQ) announced it has entered into an agreement to purchase 20 assisted living and memory care communities from Commonwealth Senior Living for $340.4 million, or about $236,400 per unit. All but one of the communities are in... Read More »
by Steve Monroe | May 24, 2019 7:00 am | Acquisitions
Bob Richards of Senior Care Realty drew on his years of experience to close three sales of assisted living communities located throughout Wisconsin. First up, he represented an individual owner in her sale of a 50-unit AL community in a small town about 25 minutes... Read More »
by Steve Monroe | May 23, 2019 4:11 pm | Acquisitions
National Health Investors expanded its relationship with Comfort Care Senior Living, adding another Michigan assisted living community to its existing portfolio with the operator. The collaboration began in 2018 when NHI acquired two assisted living communities in... Read More »