by Steve Monroe | Jul 11, 2017 7:21 pm | Financings
Greystone just couldn’t get out of Queens this summer (must have hit the Van Wyck). After providing nearly $60 million in HUD financing for a 302-bed skilled nursing facility in the borough last month, Fred Levine of Greystone’s Monsey, New York office closed yet... Read More »
by Steve Monroe | Jul 10, 2017 7:36 pm | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Joint ventureBlue Ridge Assisted Living$17 million The Ensign Group2 senior care communitiesN/A Harbert Seniors Housing Fund IMorningStar of Wheat Ridge and AlbuquerqueN/A... Read More »
by Steve Monroe | Jul 7, 2017 7:02 am | Opinion
Other than its increased share price, the news does not seem to be getting better with regard to the negotiations between Quality Care Properties (NYSE: QCP), HCR ManorCare and the various stakeholders. After making only a partial rent payment for June because of... Read More »
by Steve Monroe | Jul 7, 2017 7:01 am | Acquisitions, Financings
For the third time in the firm’s three-year history, Chicago Pacific Founders is acquiring a senior living community in the Las Vegas market, with the help of financing arranged by Aron Will of CBRE. Located about 13 miles west of the Strip (and 3.5 miles northwest of... Read More »
by Steve Monroe | Jul 7, 2017 7:00 am | Acquisitions
Brad Clousing of Senior Living Investment Brokerage sold a brand-new assisted living/memory care community in Blue Ridge, Georgia, which is already 100% occupied. In fact, the community filled in just 30 days after its October 2016 opening and has more than 20 people... Read More »