About Steve Monroe
Articles Written by Steve Monroe
CIT Helps Refinance Florida Assisted Living Portfolio
CIT Group, through its Healthcare Finance business, served as sole lead arranger for a $64 million loan used to refinance three assisted living communities in Florida owned by the borrower, Virtus Real Estate Capital. Totaling more than 350 AL and memory care units,... Read More »
May’s M&A Deal Boom
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 »
Another Valuation Metric for the 2018 Seniors Housing M&A Market
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 »Recent Senior Care M&A Deals, Week Ending May 10, 2019
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 »Schedule a demo
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