by Steve Monroe | Oct 6, 2017 7:03 am | Opinion, Statistics
We will be addressing the quarterly seniors housing and care M&A results in both the October issue of The SeniorCare Investor, as well as in our Health Care M&A Quarterly Report, which covers all 13 health care sectors. But, here is a preview: Although it... Read More »
by Steve Monroe | Oct 6, 2017 7:02 am | Acquisitions
As an owner/operator was exiting the assisted living industry, and trying to sell its 31-unit AL/memory care community in Santee, South Carolina (situated halfway between Columbia and Charleston), a Northeast-based owner/operator swooped in and purchased it, marking... Read More »
by Steve Monroe | Oct 6, 2017 7:01 am | Acquisitions, Developments, Financings
Aron Will of CBRE once again showed off his range, and his reach, closing two financings for clients in California and Michigan. First, in Traverse City, Michigan, a 388,000-square foot former asylum that underwent a decade-long redevelopment into a massive mixed-use... Read More »
by Steve Monroe | Oct 6, 2017 7:00 am | Financings
The team of Pillar Financial, a division of SunTrust Bank, has been active lately, closing more than $20.7 million in financings for two Rust Belt seniors housing communities. Don Husi, based in Pillar’s Nashville office, first originated a $13.59 million HUD loan,... Read More »
by Steve Monroe | Oct 5, 2017 7:37 pm | Developments, Financings
HJ Sims helped finance a couple of the largest not-for-profit providers of senior care and health care in the country in order to team up and combine their services in the Bismarck/Mandan area of North Dakota. The Evangelical Lutheran Good Samaritan Society (ELGSS),... Read More »