by Steve Monroe | Feb 8, 2018 3:12 pm | Developments
Congress Building Corp. has been named construction manager at Formation Development Group and Atria Senior Living’s latest senior living project in Ridgefield, Connecticut. The project commenced in November 2017, with Congress guiding the project through the... Read More »
by Steve Monroe | Feb 7, 2018 8:02 am | Acquisitions
Toby Siefert and Brad Clousing of Senior Living Investment Brokerage teamed up to sell a 183-bed Washington, D.C. skilled nursing facility for $30 million, or a well above average $163,900 per bed. Built over 35 years ago adjacent to a local medical center, the... Read More »
by Steve Monroe | Feb 7, 2018 7:03 am | 60 Seconds, Opinion
After attending two conferences focusing on two different healthcare real estate sectors, it is all about capital. Having just returned from two different conferences in Florida, the one conclusion I can draw from both of them is that there still is way too much... Read More »
by Steve Monroe | Feb 7, 2018 7:01 am | Acquisitions
Evans Senior Investments (ESI) showed its range in closing three transactions across the country, totaling over $20 million. First, in its home state of Illinois, ESI represented the seller, an independent owner/operator, in the sale/leaseback of its 30-unit assisted... Read More »
by Steve Monroe | Feb 7, 2018 7:00 am | Acquisitions
A Southern California-based regional operator is heading north, to Petaluma (about 40 miles northwest of San Francisco), to acquire and take over management of a 40-unit memory care community. Previously owned by a TIC investor, who decided to divest the asset to... Read More »