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 »
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 »