by Steve Monroe | Dec 20, 2017 7:02 am | 60 Seconds, Opinion
The Carlyle Group, TPG and Humana are buying Kindred Healthcare and splitting the company apart. I know I am supposed to be full of holiday cheer this time of year, but yesterday’s official announcement that Kindred Healthcare will be sold to Humana, TPG and The... Read More »
by Steve Monroe | Dec 20, 2017 7:01 am | Acquisitions
Executing on a purchase option, National Health Investors acquired a 32-unit assisted living/memory care community in Durham, North Carolina, for $7.6 million, or $237,500 per unit. The impetus for the deal goes back to February 2017, when NHI purchased two adjacent... Read More »
by Steve Monroe | Dec 20, 2017 7:00 am | Developments
Florida-based senior living developer/operator, Harbor Retirement Associates, has a plan to open a new assisted living/memory care community nearly every month in 2018, a tall order for any operator or developer. HRA will start the year by opening a community each in... Read More »
by Steve Monroe | Dec 19, 2017 9:22 pm | Acquisitions
After already buying a 124-unit assisted living community in Cincinnati, Ohio this month, Chicago Pacific Founders added another community to its portfolio in December, this time in Jacksonville, Florida. The private equity firm acquired a 189-unit senior living... Read More »
by Steve Monroe | Dec 15, 2017 7:02 am | Financings
Aspens Senior Living partnered with Greystone to obtain construction financing for two of its latest seniors housing projects located in North Carolina and Arizona. First, to the Tar Heel state, where Aspens and joint venture partner Pennybacker Capital are currently... Read More »