by Steve Monroe | Oct 27, 2017 7:02 am | Acquisitions
An amenity-rich senior living community just sold in St. Augustine, Florida, with the help of Allen McMurtry, Paul Carr, David Kliewer and Megan Fetter of Cushman & Wakefield’s Tampa office. Built in 2001, the community sits on about 40 acres in the World Golf... Read More »
by Steve Monroe | Oct 27, 2017 7:01 am | Acquisitions
Nick Stahler and Jim Hazzard of The JCH Group had their work cut out for them but got the job done, selling a 97-unit assisted living community in Fulton, California on behalf of a family trust. There are some issues the new owner will have to address, however. Built... Read More »
by Steve Monroe | Oct 27, 2017 7:00 am | Financings
With every seniors housing development project, it is always important to have a contingency plan. Having a trusted financing partner goes a long way, too. That is why when a joint venture led by Affinity Living Group ran into some unexpected problems during the... Read More »
by Steve Monroe | Oct 26, 2017 7:55 pm | Developments
A former restaurant and banquet facility in Lower Providence, Pennsylvania is being converted to seniors housing, so the kitchen and dining room are covered. The restaurant, known as the Collegeville Inn, had its heyday in the 1950s and 60s, but after a couple of... Read More »
by Steve Monroe | Oct 25, 2017 7:03 am | 60 Seconds, Opinion, Statistics
Across the senior housing and care spectrum, average per-unit and per-bed prices softened a little in the four quarters ended September 30, 2017. I am sure a lot of you have heard that the senior housing acquisition market is soft, reflecting concerns over census and... Read More »