by Steve Monroe | Mar 22, 2019 7:01 am | Acquisitions
A 100-bed skilled nursing facility in the affluent northern Georgia town of Ellijay was purchased by a private Northeast-based group looking to expand their current Peach State presence. Being the only facility in an area with a growing number of retirees, this SNF... Read More »
by Steve Monroe | Mar 22, 2019 7:00 am | Acquisitions
Blueprint Healthcare Real Estate Advisors closed a couple of sales in the Old Northwest. First, Amy Sitzman and Michael Segal represented Sioux Falls, South Dakota-based The Evangelical Lutheran Good Samaritan Society in the not-for-profit’s sale of three Wisconsin... Read More »
by Steve Monroe | Mar 21, 2019 3:42 pm | Acquisitions, Financings
Dwight Capital has closed a slew of bridge financings in the last couple of months totaling more than $17 million. These transactions included a $3.96 million bridge loan for a 120-bed skilled nursing facility in Overland Park, Kansas, a $2.34 million loan for a... Read More »
by Steve Monroe | Mar 21, 2019 3:40 pm | Financings
Following up on several other acquisition financings closed on behalf of a previous borrower in the past three years, Monticello Asset Management funded the purchase of two more skilled nursing facilities in Tennessee. Totaling $16 million in first lien debt that... Read More »
by Steve Monroe | Mar 20, 2019 7:02 am | 60 Seconds, Opinion
After several years of declining occupancy, operations seem to be stabilizing at the largest skilled nursing provider in the country. It has not been an easy past few years for Genesis Healthcare, or for the entire skilled nursing sector. But we always thought there... Read More »