by Steve Monroe | Mar 7, 2018 7:00 am | Acquisitions
National appraisal and advisory firm HealthTrust has had a busy month. On March 1, they closed on the purchase of the assets of the company from Sabra Health HealthCare REIT, which took over ownership as part of Sabra’s acquisition of Care Capital Properties last... Read More »
by Steve Monroe | Mar 6, 2018 4:13 pm | Acquisitions
Jim Kornick and Dan Baker of Avison Young led a successful bidding process for a 130-bed skilled nursing facility in Alexandria, Virginia, generating 12 offers and closing at $13 million, or $1 million over the original asking price. Only operating with 100 beds, the... Read More »
by Steve Monroe | Mar 5, 2018 4:35 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Strategic Student & Senior Housing Trust3 assisted living communities$78.5 million CareTrust REIT, Inc.5 skilled nursing facilities$41.25 million Invesque Inc.Grand Brook... Read More »
by Steve Monroe | Mar 2, 2018 8:41 am | Financings
Following up on a nearly-$200 million month in January, Meridian Capital Group backed that up with another $80 million in closings in February, showing off their national reach too. The team of Ari Adlerstein and Ari Dobkin arranged all four financings, starting in... Read More »
by Steve Monroe | Mar 2, 2018 8:37 am | Acquisitions
Mike Garbers and Cody Tremper of Greystone Real Estate Advisors just announced a slew of transactions that closed at the end of 2017, advising the seller in each deal. First, the pair closed the sale of a 38-unit/66-bed memory care community in Tulsa, Oklahoma. A... Read More »