by Steve Monroe | May 23, 2018 7:01 am | Acquisitions
A publicly traded REIT decided to exit a number of secondary and tertiary markets in Illinois and Missouri, hiring Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors to get the job done. The portfolio featured 1,581 total licensed beds in 14... Read More »
by Steve Monroe | May 23, 2018 7:00 am | Financings
Housing and Healthcare Finance’s (HHC Finance) Capital Advisory Group just crossed the $1 billion mark in loans closed since its inception a little over two years ago. Pushing the group over the edge were a couple of bridge loans arranged by Isaac Haas and Neil Gamss.... Read More »
by Steve Monroe | May 22, 2018 3:48 pm | Financings
In the largest single-asset HUD closing in history, KeyBank Real Estate Capital secured $127 million in financing for a large 499-bed skilled nursing facility in New York City. Originally built in 1966, with renovations in the mid-1990s and early 2000s, the facility... Read More »
by Steve Monroe | May 18, 2018 10:16 am | Acquisitions
Kentucky’s largest not-for-profit senior living and long-term care provider, Christian Care Communities, worked with Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors to sell its 92-bed skilled nursing facility in Louisville. Ideally located... Read More »
by Steve Monroe | May 18, 2018 10:14 am | Statistics
One would expect that in bull markets, the seniors housing (independent and assisted living) cap rate would fall, while the 10-year treasury rate would rise, making the spread between the two smaller, and vice versa for bear markets. But we have been in an... Read More »