by Steve Monroe | Apr 17, 2019 7:02 am | 60 Seconds, Opinion
A professor with a new book on dementia care claims a semi-private room in a “decent” nursing facility in a big city costs $240,000 per year. Hogwash. I hate it when bad information gets out there, and a professor of psychiatry and bioethics at the Albert... Read More »
by Steve Monroe | Apr 17, 2019 7:01 am | Acquisitions
Blueprint Healthcare Real Estate Advisors announced that it was involved in the Sabra Health Care REIT sale of 28 skilled nursing facilities in Texas and Louisiana to a joint venture of BlueMountain Capital Management, BM Eagle Holdings and Capital Funding Group for... Read More »
by Steve Monroe | Apr 17, 2019 7:00 am | Financings
It was a team effort from Greystone to successfully close a Fannie Mae refinance of an assisted living community on the New Jersey Shore. Working on behalf of the borrower, Sage Healthcare Partners, Greystone’s DJ Elefant originated the $24 million loan, with Neal... Read More »
by Steve Monroe | Apr 16, 2019 2:57 pm | Financings
Housing & Healthcare Finance posted a strong month in March with six HUD transactions closed for skilled nursing facilities in Florida, New Jersey, New York and Texas, plus one for a 156-bed supportive living facility in Illinois, all totaling $62 million. The... Read More »
by Steve Monroe | Apr 15, 2019 12:21 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Owner/operatorSkilled nursing facility in Newark, OH$6.8 million Owner/operator5 NC skilled nursing facilitiesN/A The Springs LivingThe Springs at Carman Oaks & The Springs... Read More »