by Steve Monroe | Oct 3, 2018 7:02 am | 60 Seconds, Opinion, Statistics
Heavy demand continues for properties across the seniors housing and care spectrum. I know I have been a little negative on the market in the past year or so, given all the problems we have seen and written about, not to mention peak pricing a year ago. I am not sure... Read More »
by Steve Monroe | Oct 3, 2018 7:01 am | Acquisitions
As September turned to October, Senior Living Investment Brokerage announced an impressive run of transactions. First, Jason Punzel, Brad Goodsell and Vince Viverito sold two memory care communities in California for $17 million, or $347,000 per unit, with a 9.5% cap... Read More »
by Steve Monroe | Oct 3, 2018 7:00 am | Acquisitions
Ray Giannini and John Klement of Marcus & Millichap’s Milwaukee Seniors Housing Group represented a not-for-profit in the sale of its two senior living communities in Buffalo, Minnesota (Minneapolis MSA). The buyer? It was another not-for-profit. The portfolio... Read More »
by Steve Monroe | Oct 2, 2018 4:00 pm | Acquisitions, Financings
A large CCRC portfolio sold to The Trousdale Foundation, a Boston-based not-for-profit owner/operator, thanks in part to a $200.57 million bond financing arranged by Ziegler. Totaling nearly 1,600 beds and units, the portfolio features three CCRCs in Dayton, Ohio,... Read More »
by Steve Monroe | Oct 1, 2018 3:20 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Northwind GroupSkilled nursing portfolio$182.5 million The Trousdale Foundation, Inc.4 seniors housing properties$157 million Local operatorSilver Point Plaza & Crescent Villa$17... Read More »