by Steve Monroe | May 13, 2019 7:01 am | Acquisitions
Do buyer’s see a bottom? That is one explanation for the incredibly busy start to May, which has seen 21 acquisitions announced, so far, according to our M&A database DealSearchOnline. And that does not include deals that may bubble to the surface in the coming... Read More »
by Steve Monroe | May 13, 2019 7:00 am | Statistics
In a year when both the assisted living and independent living average cap rates rose, how did the sectors’ average Gross Income Multiples (GIM) change year over year? Well, they accordingly fell off their 2017 levels, mirroring their changes in cap rate, according to... Read More »
by Steve Monroe | May 13, 2019 7:00 am | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice United Church Homes, Inc.Brookdale Miami TownshipN/A AMS Acquisitions LLCGillette Towers$13 million Kandu Capital, LLCWellington at Kokomo$5 million Methodist Retirement... Read More »
by Steve Monroe | May 10, 2019 1:28 pm | Financings
A new assisted living community will open in New Smyrna Beach, Florida, thanks to a $16.3 million HUD loan secured by Ken Charbauski of Love Funding. Located at the site of the former Alba Court Inn Hotel, which was built in 1895 and demolished in 2010, the community... Read More »
by Steve Monroe | May 10, 2019 7:01 am | Acquisitions
Cascade Capital Group announced a few large transactions totaling 15 skilled nursing and assisted living facilities with more than 1,550 licensed beds for a combined purchase price of $130 million. In one of the transactions, Cascade purchased eight skilled nursing... Read More »