by Steve Monroe | May 20, 2019 7:01 am | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Griffin-American Healthcare REIT IVMichigan Assisted Living Facility Portfolio$24.5 million Invesque Inc.Grand Brook of Allen at Twin Creeks$8.1 million Invesque Inc.3 skilled nursing... Read More »
by Steve Monroe | May 20, 2019 7:00 am | Statistics
Seniors housing prices saw significant rises in average prices in the 12 months ended March 31, 2019. Assisted living itself jumped 10% from $186,400 per unit in 2018 (according to our Seniors Housing Acquisition & Investment Report) to $204,000 per unit in the... Read More »
by Steve Monroe | May 17, 2019 12:28 pm | Financings
A Midwestern developer of affordable and middle-income senior living communities, Wallick Communities, recently opened three assisted living communities in Ohio and obtained bridge financing to fund them through lease-up towards an eventual refinance with HUD.... Read More »
by Steve Monroe | May 17, 2019 12:24 pm | Acquisitions, Financings
An experienced private investment group acquired a portfolio of six skilled nursing facilities thanks to bridge financing at 90% loan-to-cost. Totaling $51.9 million, the three-year loan was originated by Jonathan Kutner and Eli Kutner of Harborview Capital Partners,... Read More »
by Steve Monroe | May 17, 2019 7:02 am | Opinion, Statistics
Judging by the number of questions we got during our May 16th webinar called “The 55+ Active Adult Market: The New Frontier of Seniors Housing,” it is safe to say that there is plenty of interest in this growing market. Our listeners tuned in to find out what prices... Read More »