by Steve Monroe | Feb 27, 2018 4:25 pm | Acquisitions
There is a new entrant in the seniors housing market. Coming from the self-storage industry, California-based SmartStop Asset Management just acquired three seniors housing communities in Utah through its private REIT, Strategic Student & Senior Housing Trust,... Read More »
by Steve Monroe | Feb 23, 2018 7:02 am | Opinion
Talk about missed opportunities. For the past 12 to 18 months, or much longer depending on which “process” you were talking about, Brookdale Senior Living has been looking to do a strategic capital event, which everyone took to mean a sale of the company to the... Read More »
by Steve Monroe | Feb 23, 2018 7:01 am | Acquisitions
We don’t see much Montana M&A, but Tony Cassie of Marcus & Millichap closed two skilled nursing transactions in Big Sky Country, plus one in Washington State. Both Montana facilities are located in Billings. The 161-bed facility was built in the 1960s, while... Read More »
by Steve Monroe | Feb 23, 2018 7:00 am | Acquisitions
Jeff Binder, Brad Clousing and Ryan Saul of Senior Living Investment Brokerage represented a public REIT in their divestment of a Grand Rapids, Michigan-area assisted living/memory care community as part of a broader repositioning effort with its existing tenant... Read More »
by Steve Monroe | Feb 22, 2018 4:19 pm | Developments, Financings
After launching its senior care lending division and hiring Adam Sherman (most recently of Blueprint Healthcare Real Estate Advisors and before that of RED Capital Group) as the new division’s industry expert late last year, Live Oak Bank just provided its first loan... Read More »