by Steve Monroe | Aug 8, 2018 7:02 am | 60 Seconds, Opinion, Statistics
It has certainly been a busy year in the M&A market, with transaction volume on pace to top last year’s, according to The Senior Care Acquisition Report. Despite all the headwinds and headline issues, buyers are still very active, and in many cases paying top... Read More »
by Steve Monroe | Aug 8, 2018 7:01 am | Acquisitions
Singapore conglomerate Keppel Corporation is staking a claim in the U.S. seniors housing market with its acquisition of a 50% stake in Watermark Retirement Corporation. That 50% interest plus 50% of the minority interests held by Watermark’s owners in certain... Read More »
by Steve Monroe | Aug 8, 2018 7:00 am | Acquisitions
Mark Myers, Joshua Jandris and Charlie Hilding of IPA Seniors Housing handled two Michigan transactions at the start of August. First was the sale of a four-property skilled nursing portfolio in Michigan, totaling 393 beds. The aging properties are in need of capital... Read More »
by Steve Monroe | Aug 7, 2018 3:24 pm | Financings
The new relationship between Lancaster Pollard and its parent company (for less than a year) ORIX Corporation USA is paying off for their clients. One of them, Georgia-based Brickmont Assisted Living, took advantage of those synergies to obtain construction financing... Read More »
by Steve Monroe | Aug 3, 2018 7:02 am | Opinion
We have now become nervous with each earnings period because there just seem to be too many surprises. Unfortunately, these surprises have usually been negative. Three months after being positive about the direction of the company, Capital Senior Living spooked... Read More »