by Steve Monroe | Jan 2, 2019 11:37 am | 60 Seconds, Opinion
Omega agrees to buy MedEquities Realty Trust in a cash and stock deal worth $632 million plus assumed debt. I hope everyone had a good break these past few days. Everyone, that is, except the folks at Omega Healthcare Investors and MedEquities Realty Trust (MRT).... Read More »
by Steve Monroe | Jan 2, 2019 11:35 am | Acquisitions
Improving occupancy and operating margins at a portfolio of three Pennsylvania skilled nursing facilities caught the attention of a REIT buyer and their experienced operating partner, which purchased the portfolio from a private investor. Located in the... Read More »
by Steve Monroe | Jan 2, 2019 11:32 am | Financings
Illinois’ Lake County is getting a new post-acute/transitional care facility, helped by a $25.92 million HUD construction loan arranged by Aron Will and Mark Tran of CBRE. Innovative Health obtained the 40-year loan, which featured an 18-month construction period and... Read More »
by Steve Monroe | Jan 2, 2019 11:29 am | Financings
Cambridge Realty Capital Companies returned to Glenview, Illinois to retire the original bridge loan it provided for a 144-bed skilled nursing facility with a HUD refinance. The previous financing, consisting of a $20 million bridge loan and a $1 million asset-based... Read More »
by Steve Monroe | Jan 1, 2019 10:29 am | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice O&M Investments, LLCSanta Fe skilled nursing facilityN/A Private REITSkilled nursing facilityN/A Aedifica SA93 care homes$571.3... Read More »