by Steve Monroe | Nov 1, 2017 7:01 am | Acquisitions
Washington State-based Morningdew, LLC is looking to expand its presence in Florida, and just added a third property to its portfolio in the Sunshine State. Built in 1998 in Summerfield (just north of The Villages), the assisted living community has 46 beds in 42... Read More »
by Steve Monroe | Nov 1, 2017 7:00 am | Acquisitions
CareTrust REIT is on a tear this year, having acquired 33 senior care properties since the start of 2017 and bringing its portfolio to 184 total properties. In all of this activity, CareTrust has also not been limited to a specific geography, making acquisitions in 10... Read More »
by Steve Monroe | Oct 31, 2017 8:00 pm | Financings
Harborview Capital Partners is back in the news, working on behalf of a Tennessee-based borrower to refinance its assisted living community in Putnam County, Tennessee. Avi Begun of Harborview originated a $6.34 million HUD loan, with a 35-year term, and took... Read More »
by Steve Monroe | Oct 30, 2017 7:35 pm | Acquisitions
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Athena Health Care SystemsMasonicare at NewtownN/A Local familyCalifornia assisted living community$9.6 million Morningdew, LLCFlorida assisted living community$4.04 million Westminster... Read More »
by Steve Monroe | Oct 27, 2017 7:03 am | Opinion
As recently as two years ago, there were a lot of investors and analysts who were very positive on the prospects for Brookdale Senior Living. Rarely have so many people been so wrong. And these are smart people. Perhaps the most egregious analysis came from Glenview... Read More »