by Steve Monroe | Jul 19, 2017 7:00 am | Acquisitions
Jason Punzel and Brad Goodsell of Senior Living Investment Brokerage helped a local operator in Rathdrum, Idaho (in the state’s panhandle) sell their only seniors housing asset. Despite its rural location, the assisted living community operated well. Built in 2005... Read More »
by Steve Monroe | Jul 18, 2017 8:14 pm | Developments, Financings
SunTrust Bank pulled double duty for an entrance fee CCRC in Stone Mountain, Georgia, providing permanent financing for both the existing community and a new addition in the form of a $74.4 million loan on behalf of the owner/operator, Isakson Living. Through its... Read More »
by Steve Monroe | Jul 17, 2017 8:26 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice MedEquities Realty Trust, Inc.2 skilled nursing facilities$15 million The Ensign Group2 CCRCsN/A Harbert Seniors Housing Fund IMorningStar of Wheat Ridge and... Read More »
by Steve Monroe | Jul 14, 2017 7:02 am | Opinion, Statistics
On Thursday, July 13, we hosted a webinar entitled, “The Coming Labor Market Shock to Senior Care,” with panelists Glenn Barclay of Quality Senior Living, John Gonzales of SDG Senior Living and Lori Porter of the National Association of Health Care Assistants. For 90... Read More »
by Steve Monroe | Jul 14, 2017 7:01 am | Opinion, Statistics
NIC announced their second quarter occupancy and development trends, and unfortunately it was not pretty. After a first quarter which suffered from the ubiquitous flu season census declines, we had expected, at worst, a small sequential decline in the second quarter,... Read More »