by Steve Monroe | May 3, 2018 4:23 pm | Acquisitions, Financings
Chicago Pacific Founders turned to Aron Will of CBRE to arrange financing for its latest acquisition in Easley, South Carolina. We reported last month that Evans Senior Investments had represented the independent owner/operator in its sale of a 100-unit... Read More »
by Steve Monroe | May 3, 2018 4:22 pm | Acquisitions, Developments
Cheers to Matthew Alley, who just sold his 100th facility in the state of Texas since joining Senior Living Investment Brokerage in 2006. In what was his 69th transaction in the state, Mr. Alley (and Patrick Byrne) represented a public healthcare REIT in its... Read More »
by Steve Monroe | May 2, 2018 7:02 am | 60 Seconds, Opinion
After a very slow March, April seniors housing and care M&A transactions surged to nearly 50 acquisitions, more than double the number in March. In the first quarter this year, we averaged about 26 seniors housing and care acquisitions each month for a total of 77... Read More »
by Steve Monroe | May 2, 2018 7:01 am | Acquisitions
National Health Investors purchased from LTC Properties a portfolio of four assisted living communities and an AL/memory care community in Pennsylvania and Ohio for $67.5 million, or $210,900 per unit. Known as the Sunrise Portfolio, these communities will now be... Read More »
by Steve Monroe | May 2, 2018 7:00 am | Financings
Lancaster Pollard closed a trifecta of transactions this month. The largest was a $23.4 million HUD loan closed on behalf of Hillcrest Health Services to refinance its skilled nursing facility in Papillion, Nebraska. Located on the 44-acre senior living community of... Read More »