by Steve Monroe | Feb 21, 2018 7:01 am | Acquisitions
Despite having a nearly two-thirds Medicaid census, an assisted living community in Bellingham, Washington still maintained a healthy profit margin and sold to a California-based private equity firm. Built 40 years ago, the 66-unit community features mostly studio... Read More »
by Steve Monroe | Feb 21, 2018 7:00 am | Acquisitions, Financings
It was revealed that Arbor Realty Trust funded the recent acquisition of a 440-bed skilled nursing facility in Syracuse, New York. Alexander Kaushansky of Arbor worked on behalf of the borrower, VestraCare, to arrange a $41.6 million bridge loan, with Evan Goldenberg... Read More »
by Steve Monroe | Feb 20, 2018 4:39 pm | Financings
Gemino Healthcare Finance, a specialty finance company and portfolio company of Solar Senior Capital Ltd. that is focused on providing senior secured loans to healthcare service providers, recently funded a $6 million senior secured credit facility on behalf of an... Read More »
by Steve Monroe | Feb 16, 2018 7:02 am | Opinion, Statistics
On Thursday, February 15, our Editor Steve Monroe moderated a 90-minute webinar titled “Will New Records Be Set? The Numbers, the Deals, the Stats on all Seniors Housing and Care M&A,” with a panel of experts to discuss the 2017 seniors housing and care M&A... Read More »
by Steve Monroe | Feb 16, 2018 7:01 am | Acquisitions
Evans Senior Investments is on a tear in 2018, having just closed a portfolio sale in southern Illinois on behalf of the independent owner/operator seller after already closing three other deals earlier this month. The “Legacy Place” portfolio consists of four... Read More »