by Steve Monroe | Sep 19, 2017 2:20 pm | Acquisitions
South Bend, Indiana-based Strawberry Fields REIT continued its steady growth with the addition of a large 252-bed skilled nursing facility in Louisville, Kentucky to its portfolio, for a price of $21.8 million, or $86,500 per bed. A $15 million loan from Bank Leumi... Read More »
by Steve Monroe | Sep 18, 2017 7:58 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Strawberry Fields REIT LLCParkway Rehabilitation and Nursing Center$20.8 million Affinity Living GroupGolden PondN/A Real estate investorSeattle senior living community$24.5... Read More »
by Steve Monroe | Sep 15, 2017 7:03 am | Acquisitions, Financings
Capital One flexed its banking muscles when it provided just over $551 million in financing to Kayne Anderson Real Estate Advisors (KAREA) for its purchase of Sentio Healthcare Properties. Announced back in May, the high-profile acquisition included all 34 of Sentio’s... Read More »
by Steve Monroe | Sep 15, 2017 7:02 am | Acquisitions
Ray Giannini of Marcus & Millichap facilitated the sale of a county-owned skilled nursing facility in Racine, Wisconsin (about 30 miles south of Milwaukee). Purpose-built in 1986, the 200-bed facility was 85% occupied, which is above average for the SNF industry,... Read More »
by Steve Monroe | Sep 15, 2017 7:01 am | Acquisitions
The team at Blueprint Healthcare Real Estate Advisors continued their successful year, completing two transactions on the West Coast. First up, Chris Hyldahl, Gideon Orion and Amy Sitzman represented a California-based regional owner/operator in its sale of two... Read More »