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 »
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 »