by Steve Monroe | Apr 13, 2018 7:00 am | Opinion, Statistics
On Thursday April 12, 2018, we hosted a webinar titled “Pricing “A” vs. “B” Seniors Housing Properties,” where moderator Steve Monroe and panelists Richard Swartz of Cushman & Wakefield, Wayne Kaplan of Premier Senior Living Group and Paul Froning of Focus... Read More »
by Steve Monroe | Apr 12, 2018 4:01 pm | Statistics
Buyers are increasingly prizing stabilized assisted living communities (with stabilized defined as having an occupancy equal to or higher than 85%) over non-stabilized communities when making acquisitions. The gap between the two property types continued to widen in... Read More »
by Steve Monroe | Apr 11, 2018 7:02 am | 60 Seconds, Opinion
There are many differences beyond values between “A and “B” communities, including NOI per unit, operating margin and cap rate. In 2017, the range in prices paid for seniors housing communities was from $20,000 to over $700,000 per unit. There are... Read More »
by Steve Monroe | Apr 11, 2018 7:01 am | Acquisitions, Financings
The CBRE National Senior Housing group flexed its muscles this week, closing two acquisition financings and an asset sale. First, Lisa Widmier represented HCP in its divestment of a 159-unit independent living/assisted living community in Beaumont, Texas, for an... Read More »
by Steve Monroe | Apr 11, 2018 7:00 am | Acquisitions
A local assisted living ownership group in southeastern Wisconsin is looking to expand in a big way with its acquisition of a senior living community in the town of Mukwonago (Milwaukee MSA). To this point, the group had owned just eight eight-bed assisted living... Read More »