by Steve Monroe | Jan 22, 2019 4:10 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Mainstay Senior LivingAshton Senior Living$15.75 million National Health Investors, Inc.Wingate at Silver Lake$50.3 million Agemark Acquisition, LLCWestminster Cullman & Westminster... Read More »
by Steve Monroe | Jan 18, 2019 7:03 am | Acquisitions
Tim Cobb of Berkadia Senior Housing Investment Sales sold an assisted living/memory care community in Federal Way, Washington, working on behalf of the seller, Columbia Pacific Advisors. Built in 1997, the target comprises 87 units and 104 beds. It will be taken over... Read More »
by Steve Monroe | Jan 18, 2019 7:02 am | Financings
KeyBank Real Estate Capital headed back to the Bronx to take out a previous financing they had closed for a 199-bed skilled nursing facility. Built in 1994, this facility is subject to a ground lease with an unrelated third party. It was acquired a number of years ago... Read More »
by Steve Monroe | Jan 18, 2019 7:01 am | Financings
A huge skilled nursing facility on Long Island, New York just refinanced through HUD, with the help of Fred Levine of Greystone. Totaling 588 beds, this facility provides clinical care, physical, occupational and speech therapies, amputee rehabilitation, and... Read More »
by Steve Monroe | Jan 18, 2019 7:00 am | Developments, Financings
Watercrest Senior Living Group’s latest development in Florida just obtained a construction loan courtesy of BMO Harris Bank’s Healthcare Real Estate Finance group. The community just broke ground last August and is anticipated to open in Summer 2020 with 72... Read More »