by Steve Monroe | Mar 4, 2019 4:31 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Bristol care homeLXi REIT$18.2 million MedCore Partners4 assisted living communities$98 million Compass Senior LivingGreentree at Mount Vernon$6 million RDCP CareDignus Healthcare... Read More »
by Steve Monroe | Mar 1, 2019 7:02 am | Opinion
As we were watching the share price of Capital Senior Living drop for several days in a row before announcing their fourth quarter earnings results, we were wondering whether something had leaked out, or whether it was the usual sell off because the company had... Read More »
by Steve Monroe | Mar 1, 2019 7:01 am | Acquisitions
As part of a larger effort to exit several non-core assets, an institutional owner decided to sell its 112-unit assisted living/memory care in Mount Vernon, Illinois (about 80 miles southeast of St. Louis), with the help of the Richard Swartz, Jay Wagner, Jim Dooley... Read More »
by Steve Monroe | Feb 28, 2019 4:14 pm | Financings
About three years after it acquired a 140-bed skilled nursing facility in Hatboro, Pennsylvania, Vita Healthcare Group decided to refinance the property with a HUD loan provided by Capital Funding. Craig Casagrande originated the $16.1 million mortgage, which takes... Read More »
by Steve Monroe | Feb 28, 2019 4:11 pm | Financings
Aron Will and Austin Sacco of CBRE National Senior Housing arranged a Fannie Mae refinance of an Omaha, Nebraska senior living community. Owned by a joint venture between Hegg Companies, a Sioux Falls, South Dakota-based real estate investment firm, and Paradigm... Read More »