by Steve Monroe | Apr 19, 2019 10:13 am | Opinion
If you read our lead story in the April issue of The SeniorCare Investor, you may have thought it couldn’t get much worse for Senior Housing Properties Trust (SNH) and its tenant Five Star Senior Living (FVE). And then on Thursday, SNH officially dropped its quarterly... Read More »
by Steve Monroe | Apr 19, 2019 10:06 am | Acquisitions
Mike Garbers and Cody Tremper of Greystone Real Estate Advisors worked on behalf of American House Senior Living Communities to sell their independent living community in Southfield, Michigan to a local owner. Featuring 202 units, the community was built in 1987 on a... Read More »
by Steve Monroe | Apr 19, 2019 10:03 am | Acquisitions
The original developer of two assisted living communities totaling 135 units in Illinois (St. Louis MSA) is finally exiting the assets, after more than 10 years of ownership, with the help of Mike Surak and Matthew Andriano of Marcus & Millichap and Mark Myers and... Read More »
by Steve Monroe | Apr 18, 2019 2:19 pm | Financings
Cambridge Realty Capital Companies arranged a HUD refinance of an assisted living/memory care community in Sherman, Texas. Built in 1982 and featuring 49 units, the community is owned by a Texas limited liability company, but according to our M&A database, it was... Read More »
by Steve Monroe | Apr 18, 2019 2:15 pm | Statistics
The CCRC (or LPC) acquisition market, which we highlighted in the First Edition of The Seniors Housing Acquisition & Investment Report, is the thinnest of all the major sectors of seniors housing and care. The number of potential buyers is smaller, the lender and... Read More »