by Steve Monroe | Dec 8, 2017 7:00 am | Acquisitions
National Health Investors announced a one-off acquisition of a 200-unit independent/assisted living community in Tulsa, Oklahoma, paying $34.6 million, or $173,000 per unit. Originally built in 1987 by a local real estate developer, the community was previously owned... Read More »
by Steve Monroe | Dec 7, 2017 7:52 pm | Financings
American Baptist Homes of the Midwest successfully refunded its outstanding bonds with the help of HJ Sims, generating millions in savings in the process. Recently, across ABHM’s 13-property portfolio, the provider has funded repositioning projects at many locations,... Read More »
by Steve Monroe | Dec 6, 2017 7:02 am | 60 Seconds, Opinion
There are a lot of reasons to invest in seniors housing, but now some people are making up numbers to bolster the case. I realize there is a lot of general excitement about investing in the seniors housing sector. And there should be, despite the current headwinds.... Read More »
by Steve Monroe | Dec 6, 2017 7:01 am | Acquisitions
The phrase “it’s not personal, it’s just business,” doesn’t always apply. Sometimes it’s both. That was the case with Ben Firestone’s (of Blueprint Healthcare Real Estate Advisors) latest sale, which was sourced by his 90-year old grandfather. Still involved in the... Read More »
by Steve Monroe | Dec 6, 2017 7:00 am | Acquisitions
American House Senior Living Communities continued its growth in Florida with the acquisition of a 94-unit independent living community, its seventh senior living property in the Sunshine State. There are plenty of things going for this property. It is located in the... Read More »