by Steve Monroe | May 17, 2019 7:01 am | Statistics
There are plenty of issues that come along with the aging of the skilled nursing facility inventory. Older facilities require more capex to keep operations up to snuff, have trouble attracting the coveted Medicare and private insurance patients, and often have far... Read More »
by Steve Monroe | May 17, 2019 7:00 am | Acquisitions
New Jersey-based Juniper Communities added another Pennsylvania senior living property to its portfolio with the acquisition of a 103-unit assisted living/memory care community in Chestnut Hill (Philadelphia MSA). With the deal, Juniper now owns or operates 12... Read More »
by Steve Monroe | May 16, 2019 3:58 pm | Financings
An established CCRC in Ridgeland, Mississippi is set to expand its memory care services with a loan provided by SunTrust Bank in hand. Opened in the mid-1980s, the community includes the full continuum of care from independent living and assisted living to... Read More »
by Steve Monroe | May 15, 2019 7:01 am | 60 Seconds, Opinion
There may be more than 14 million boomers that will not be able to afford seniors housing plus their health care needs. It is time to address the issue. We have been saying it for years. The largest unmet need in seniors housing is the bulging middle income cohort,... Read More »
by Steve Monroe | May 15, 2019 7:00 am | Acquisitions
Matthew Alley of Senior Living Investment Brokerage closed a couple of his transactions right in his wheelhouse in central Texas. That makes 107 seniors housing and long-term care assets sold in the Lone Star State for Mr. Alley. First, he sold a 174-bed skilled... Read More »