About Steve Monroe
Articles Written by Steve Monroe
Genesis HealthCare Buys and Divests
As it continues to improve its capital structure and rationalize its lease exposure, Genesis HealthCare has joint ventured with Next Healthcare Capital to buy 15 skilled nursing facilities with 2,147 total beds previously leased from Welltower located in Pennsylvania... Read More »
Senior Living Investment Brokerage Shows Its Strength
Starting his year off strong, Dave Balow of Senior Living Investment Brokerage sold an Assisted Living Program (ALP) community in western New York for $3.0 million, or $125,000 per unit, at a 10.2% cap rate. Introduced in the state around 30 years ago, the ALP program... Read More »
Giannini Gets It Done in Wisconsin
Ray Giannini of Marcus & Millichap sold a senior care campus in Wisconsin for $14 million, or about $80,500 per bed. Located on the Illinois border in Beloit, the property features 120 skilled nursing and 54 assisted living beds. The SNF was well occupied but with... Read More »Recent Senior Care M&A Deals, Week Ending February 1, 2019
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice AXA Investment Managers - Real Assets10 care homesN/A Athena Care HomesAvocet CourtN/A Private investor2 NM skilled nursing facilitiesN/A Not disclosedPremier Rehab Skilled Nursing and... Read More »Schedule a demo
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