About Steve Monroe
Articles Written by Steve Monroe
Kindred Healthcare Sells SNF Division To BlueMountain
Kindred Healthcare announced an agreement to sell 89 skilled nursing facilities with 11,308 beds and seven assisted living communities with 380 licensed beds for $700 million, or $59,890 per bed. In today’s world, that can be considered cheap, since it is nearly 40%... Read More »
Jump In Senior Care Deal Volume
The dollar value of announced seniors housing and care acquisitions in the second quarter was more than six times the first quarter. I hope you all had a happy 4th of July and got to stretch it into a four-day weekend. We are now in the mid-point of the year, and... Read More »
Evans Senior Investments Handles Texas Transaction
Evans Senior Investments closed yet another Texas transaction this year, a month after closing a three-property, 221-unit assisted living portfolio sale there for $45 million. The firm represented an institutional group based on the East Coast in its divestment of a... Read More »Paying Up For Square Footage In Skilled Nursing
The size of a skilled nursing facility can have important ramifications for the services they provide, especially as many facilities are engaging in higher acuity services and more frail patients. Four-bed wards and even triples became a thing of the past (mostly)... Read More »Schedule a demo
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