by Steve Monroe | Nov 8, 2017 7:01 am | Opinion
Brookdale Senior Living just can’t get a break. After its announcement with HCP that is beginning to clear the deck, it came out with its third quarter earnings Monday night, and the results sent the shares down $8.78 during the day, for a decline of 14.7% before... Read More »
by Steve Monroe | Nov 8, 2017 7:00 am | Financings
Less than a year after receiving bridge financing, a 90-unit assisted living community in Billings, Montana is already refinancing through HUD, with Grandbridge Seniors Housing and Healthcare Finance Group leading them along the way. Through BB&T Real Estate... Read More »
by Steve Monroe | Nov 7, 2017 9:00 pm | Financings
Cambridge Realty Capital Companies recently assisted a skilled nursing operator to exercise its purchase option on a 192-bed skilled nursing facility in Glenview, Illinois, with the help of a $20 million bridge loan, plus a $1.0 million asset-based loan to fund the... Read More »
by Steve Monroe | Nov 6, 2017 9:10 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Accura HealthCare6 Iowa skilled nursing facilitiesN/A CareTrust REIT, Inc.3 skilled nursing facilities$69 million Kandu Capital, LLCOsprey Health Care Center$5.55 million... Read More »
by Steve Monroe | Nov 3, 2017 7:02 am | Opinion
Finally, we have had some good news from the two largest publicly traded senior living companies, Brookdale Senior Living and Capital Senior Living. Let’s just say, it has been a long time coming. Capital Senior Living reported a sequential increase in occupancy of 30... Read More »