by Steve Monroe | Mar 5, 2019 4:35 pm | Acquisitions
Just two years after acquiring four seniors housing properties totaling 534 beds in southeastern Pennsylvania, Capital Health Group is turning around and selling them. After CHG’s operating affiliate Milestone Retirement Communities took over management of the... Read More »
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 »