by Steve Monroe | Aug 16, 2017 7:00 am | Opinion
By now, most everyone has heard of the problems LTC Properties has had with one of its tenants, Anthem Memory Care. The REIT has a master lease covering 11 Anthem memory care properties located in California, Illinois, Colorado and Kansas. Stand-alone memory care... Read More »
by Steve Monroe | Aug 15, 2017 7:34 pm | Acquisitions
Plugging along this summer with a healthy number of transactions closed so far has been the team at Blueprint Healthcare Real Estate Advisors. After announcing five deals since the start of June, the firm closed two more this August in the Midwest. First, to Ohio,... Read More »
by Steve Monroe | Aug 15, 2017 7:31 pm | Financings
Four skilled nursing facilities in Texas recently refinanced their debt with the help of Avi Begun and David Nussbaum of Harborview Capital Partners. Mr. Begun and Mr. Nussbaum arranged a $14.2 million bridge-to-HUD loan with a competitive LIBOR-based rate and... Read More »
by Steve Monroe | Aug 14, 2017 7:49 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Chevalier International Holdings Ltd.Ashford Court & Sterling Place$33 million EvoLve Senior LivingSanctuary Care at Rye$10 million Not disclosedLegend at Tulsa... Read More »
by Steve Monroe | Aug 11, 2017 7:01 am | Opinion
A lot of people have been nervous about the skilled nursing sector recently, given the deteriorating finances at HCR ManorCare and other companies. However, that has not seemed to impact acquisition prices in the market, at least for the better facilities and... Read More »