by Steve Monroe | Nov 21, 2018 7:00 am | Financings
Bridge loans are the hottest lending product for seniors housing and care right now (we’re actually hosting a webinar on that very subject next month), and CBRE Capital Markets is expanding its presence in that market with a large new vehicle aimed at providing more... Read More »
by Steve Monroe | Nov 20, 2018 1:44 pm | Financings
Ken Charbauski of Love Funding secured a HUD refinance for a 42-unit assisted living/memory care community in Lexington, North Carolina. This community, which features both private and shared units, is part of the state’s Medicaid home- and community-based services... Read More »
by Steve Monroe | Nov 19, 2018 1:34 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Regional owner/operatorHeritage Inn Retirement Center$3.25 million Regional owner/operatorGaymont Nursing Center$7.3 million Not disclosedAutumn Wood & Wood Manor$11 million... Read More »
by Steve Monroe | Nov 16, 2018 7:03 am | Opinion
Hindsight is usually 20-20, and in the case of Five Star Senior Living, looking back two years, the company should have accepted the offer from Gemini Properties and the Thomas brothers of Senior Star, who offered to pay $325 million for 33 owned Five Star... Read More »
by Steve Monroe | Nov 16, 2018 7:02 am | Opinion
On November 15th, we hosted a webinar entitled “Are Assisted Living Prices Sustainable? Premium Prices for a Premium Product.” In it, our editor Steve Monroe and a panel of experts including Brad Clousing of Senior Living Investment Brokerage, Jacob Gehl of Blueprint... Read More »