by Steve Monroe | Mar 13, 2018 3:12 pm | 60 Seconds
The recent spring NIC conference in Dallas was a little more sober than recent conferences. Coming right after Brookdale Senior Living’s various announcements and stock plunge, plus the bankruptcy filing of HCR ManorCare, some people were a bit more circumspect about... Read More »
by Steve Monroe | Mar 13, 2018 2:53 pm | Acquisitions
Florida continues to be a popular state for acquisitions, especially in the cold winter months. Krone Weidler of Marcus & Millichap’s National Seniors Housing Group recently sold a two-property portfolio. The first one was a 90-unit assisted living community in... Read More »
by Steve Monroe | Mar 13, 2018 2:48 pm | Developments, Financings
Most people think of the HUD 232 program as a financing tool used by for-profit entities. But not-for-profits can take advantage of the low rates as well. A case in point was the recent $94.3 million HUD loan arranged by Bill Mulligan and Ashley Wilkens of Ziegler for... Read More »
by Steve Monroe | Mar 13, 2018 2:42 pm | Developments, Financings
Mark Davis of Healthcare Transactions Group sold a 128-bed/unit senior care facility in Maryland that is widely recognized as a preeminent facility of choice in the Washington, D.C. metro area. It has maintained a five-star rating ever since the rating system was... Read More »
by Steve Monroe | Mar 9, 2018 7:02 am | Developments, Financings
Columbia Pacific Advisors just received about $115 million in financing for its to-be-built senior living high-rise in Seattle’s First Hill neighborhood. David Fasano, Sarah Anderson, Casey Davison, Ryan Maconachy and Chad Lavender of Holliday Fenoglio Fowler (HFF)... Read More »