by Steve Monroe | Apr 26, 2018 2:53 pm | Acquisitions
There’s a new entrant in the seniors housing industry. Real estate investment manager Waypoint Residential, predominantly focused on conventional multifamily and student housing, just made its first acquisition of a senior living community in the town of Starkville,... Read More »
by Steve Monroe | Apr 25, 2018 7:02 am | 60 Seconds, Opinion
For the 12 months ended March 31, 2018, assisted and independent living average prices fell, while skilled nursing stayed the same as in 2017. After a record 2017 for assisted living average prices, for the trailing 12 months ended March 31, the prices have come down... Read More »
by Steve Monroe | Apr 25, 2018 7:01 am | Acquisitions
Blueprint Healthcare Real Estate Advisors continues to impress in 2018, having just closed two more transactions to bring its yearly total to 21 deals announced, so far. Gideon Orion and Chris Hyldahl of Blueprint Healthcare Real Estate Advisors served up a South... Read More »
by Steve Monroe | Apr 25, 2018 7:00 am | Acquisitions
The Greystone Real Estate Advisors team of Mike Garbers and Cody Tremper recently represented a REIT owner in its sale of a 57-unit assisted living community in Marietta, Georgia. The community was considered to be a value-add opportunity for the new owner, a joint... Read More »
by Steve Monroe | Apr 24, 2018 4:02 pm | Statistics
Did size matter when it came to pricing a seniors housing (independent living and assisted living) community? Yes, it did, as the difference in average cap rates from the smallest communities (under 50 units) and the larger communities (90 units and above) grew to its... Read More »