by Steve Monroe | Jan 4, 2019 7:03 am | Statistics
The preliminary numbers are in, and 2018 has shattered the previous record for healthcare M&A deal volume with 1,850 transactions announced, and counting, according to Deal Search Online. That is more than 200 deals more than the previous record of 1,617... Read More »
by Steve Monroe | Jan 4, 2019 7:02 am | Acquisitions
Ken and Damien Carriero of Colliers International wrapped up their 2018 campaign with a couple of closings in central Florida. They found the same buyer for both acquisitions, the not-for-profit Family Extended Care which owns five other communities in the state. The... Read More »
by Steve Monroe | Jan 4, 2019 7:01 am | Financings
Five years after acquiring a 154-bed assisted living community in Park Ridge, Illinois, Cascade Capital Group (with Legacy Healthcare as its operating partner) is refinancing with the help of Capital One. Joshua Rosen originated the HUD loan, which totaled $15.1... Read More »
by Steve Monroe | Jan 4, 2019 7:00 am | Financings
Berkadia headed out of 2018 with a bang, closing a credit facility that totaled more than $200 million. Secured by 19 senior living communities owned by Capital Senior Living Corporation, the facility came with both fixed and variable interest rates, a 10-year term... Read More »
by Steve Monroe | Jan 3, 2019 3:16 pm | Acquisitions
The Ensign Group started off 2019 with a skilled nursing acquisition right in its wheelhouse. Located in southwest Utah, in the town of Cedar City, this 120-bed skilled nursing facility was just 50% occupied at the time of sale. That kind of turnaround opportunity... Read More »