by Steve Monroe | Dec 15, 2017 7:00 am | Developments
Capitol Seniors Housing has made it clear that it sees a great opportunity in the 55+ active adult space, but assisted living still has a place in its investment strategy, of course. The private equity firm just broke ground on a brand-new 86-unit assisted... Read More »
by Steve Monroe | Dec 14, 2017 8:47 pm | Acquisitions, Financings
Chad Elliot, Quintin Harris and Kevin Laidlaw of Lancaster Pollard represented the seller of a six-facility skilled nursing portfolio in Iowa. Owned by Hawkeye Care Centers, these six facilities total 551 beds, with three of the properties featuring a small assisted... Read More »
by Steve Monroe | Dec 13, 2017 7:02 am | 60 Seconds, Opinion
Two looming hospital system mergers will create the largest health systems in the country. I assume most of you have heard about the two potential not-for-profit hospital system mergers that will create the largest systems in the country, larger than even HCA, the... Read More »
by Steve Monroe | Dec 13, 2017 7:01 am | Acquisitions
Three and a half years after purchasing a 97-unit assisted living/memory care community in Silicon Valley (in the town of Fremont, to be more specific), Capitol Seniors Housing is exiting the asset, making a tidy return we imagine, thanks to Rick Swartz, Jay Wagner,... Read More »
by Steve Monroe | Dec 13, 2017 7:00 am | Acquisitions
New ownership has changes in store for a 64-unit Florida assisted living community it acquired for $3.675 million, or $57,400 per unit, with a 9.25% cap rate. Built in 1989 in Lauderhill (located just west of Fort Lauderdale), the community, which was owned by a... Read More »