About Steve Monroe
Articles Written by Steve Monroe
40-Year Old SNFs: Obsolete or an Opportunity?
The aging of the skilled nursing industry is becoming a growing concern for investors in that space. Facilities built 40 years ago and over comprise a significant portion of the skilled nursing beds in the country, and many believe they are outdated and would require... Read More »
MBK Buys West Coast Senior Living Portfolio
Mitsui & Co.’s U.S.-based wholly owned subsidiary, MBK Real Estate, added nine senior living communities to its portfolio, at a price of $382 million, or about $318,000 per unit. Located in California, Washington and Arizona and totaling around 1,200 units, the... Read More »
Clearwater Living Makes First Purchase
A Southern California independent living community that recently changed hands is in for a smooth transition, as its in-place operator stepped in as its buyer. Located in Oxnard (about 75 miles up the coast from Los Angeles), the 136-unit community was originally... Read More »
Bank Leumi Finances In Florida
Bank Leumi provided a couple of Florida financings for owners of assisted living communities. First was a five-year $9.3 million acquisition loan provided to a South Florida-based owner/operator, Priority Life Care, to purchase two senior living properties in western... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
