by Steve Monroe | Aug 23, 2017 7:01 am | Developments, Financings
MorningStar Senior Living is set to open its fourth senior living community in the Phoenix market, with the help of construction financing arranged by Aron Will of CBRE. Together with joint venture partners N-Shea Group and an institutional equity partner, MorningStar... Read More »
by Steve Monroe | Aug 23, 2017 7:00 am | Acquisitions
Continuing its busy season, Blueprint Healthcare Real Estate Advisors announced another closing in the Midwest, following six other announced August transactions in the states of Ohio, Michigan and Kansas. In this latest closing, the team of Ben Firestone, Jacob Gehl... Read More »
by Steve Monroe | Aug 22, 2017 6:57 pm | Acquisitions, Financings
Presitge Care killed two birds with one stone in its latest transaction with Capital One. The Oregon-based owner/operator of senior care facilities in the Pacific Northwest received a $41.1 million first mortgage from Capital One to both finance the acquisition of... Read More »
by Steve Monroe | Aug 21, 2017 7:14 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Ohio-based owner/operator2 skilled nursing facilities$16.75 million Mozart HealthcareMaple Heights Retirement CommunityN/A Summit Healthcare REIT, Inc.9 skilled nursing... Read More »
by Steve Monroe | Aug 18, 2017 3:23 pm | Opinion
Quality Care Properties is taking its issues with HCR ManorCare (the lack of full rent payments) one step further. Late yesterday QCP announced that it is initiating a legal process to appoint an independent receiver to oversee the operation of the skilled... Read More »