by Steve Monroe | Mar 2, 2018 8:34 am | Financings
A high-end assisted living community located halfway between Greensboro and Durham, North Carolina just refinanced with the help of Charlie Shoop of KeyBank Real Estate Capital. Built in 2014, the one-story community features 65 units of assisted living and memory... Read More »
by Steve Monroe | Mar 1, 2018 8:28 am | Acquisitions
Juniper Communities added two more properties to its portfolio, which now numbers 23 communities in Pennsylvania, Colorado, Florida and New Jersey. Both new additions are located in Lakewood, Colorado, about 10 miles from downtown Denver, and join Juniper’s three... Read More »
by Steve Monroe | Feb 28, 2018 7:02 am | 60 Seconds, Opinion, Statistics
When the average price per bed for skilled nursing facilities drops, the consistency in that drop is unparalleled. Here is something to ponder. We know that after a nice five-year run-up, the average price paid per bed in the skilled nursing market dropped by 18% last... Read More »
by Steve Monroe | Feb 28, 2018 7:01 am | Acquisitions
A senior care campus in Milwaukee, Wisconsin, that has seen a number of transformations over the years, will soon see another, having recently traded hands with the help of Ray Giannini of Marcus & Millichap. Originally built in 1970 with 112 skilled nursing beds... Read More »
by Steve Monroe | Feb 28, 2018 7:00 am | Developments, Financings
Two companies are joining forces to build a brand-new assisted living/memory care community in Bakersfield, California, with the help of Aaron Rosenzweig, Jay Wagner, Sam Dylag and Alex Petrosian of Cushman & Wakefield. Situated on three and a half acres next to a... Read More »