by Steve Monroe | Nov 8, 2017 7:02 am | 60 Seconds, Opinion
Is now the time to invest in assisted living, build new communities, or sell your inventory? Join me tomorrow as we dissect the current market. Okay, so you have now all seen Brookdale Senior Living’s share price plunge below $9.00 a share yesterday. It was not so... Read More »
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 »