by Steve Monroe | Feb 8, 2019 7:02 am | Acquisitions
Seeking to expand a partnership that is clearly working, CareTrust REIT tacked on an extra senior care campus to its existing seven-property master lease with WLC Firm, LLC. Located in the southern Illinois town of Mt. Carmel (and right in WLC’s geographic... Read More »
by Steve Monroe | Feb 8, 2019 7:01 am | Acquisitions
In the middle of restructuring and extending its master lease with Holiday Retirement, National Health Investors also was able to acquire a senior living community in Vero Beach, Florida. Consisting of 157 independent living and 75 assisted living units, the community... Read More »
by Steve Monroe | Feb 8, 2019 7:00 am | Acquisitions
Veritas Senior Living and Curis Capital joined forces to acquire a 107-unit senior living community in Herculaneum, Missouri (St. Louis MSA). Previously an Emeritus-owned community (before Emeritus sold it to Platinum Healthcare in 2009 and before the... Read More »
by Steve Monroe | Feb 7, 2019 4:28 pm | Acquisitions
Healthcare Transactions Group continued its prolificacy in the Maryland M&A market with the sale of two more Brinton Woods skilled nursing facilities in Baltimore. Previously owned and operated by Brinton Woods Management Company since 2007 and 2008, the... Read More »
by Steve Monroe | Feb 7, 2019 4:25 pm | Financings
To finance the acquisition of two skilled nursing facilities in New Jersey, Monticello Asset Management worked on behalf of a previous client to provide first lien debt financing for the deal. The two facilities totaled 328 beds and were acquired on the heels of... Read More »