by Steve Monroe | Apr 24, 2020 6:15 am | Developments
We have been saying for years that there is a huge market for renovating any kind of senior living community, and that market will only grow as yesterday’s new development becomes today’s renovation project. And now, with the coronavirus pandemic, there will be a new... Read More »
by Steve Monroe | Apr 22, 2020 6:52 am | 60 Seconds, Opinion
The coronavirus was much worse then expected, as was its impact on senior care providers. I have to admit I was wrong, but just the third time in 34 years. In late February, I referred to the coronavirus as the flu on steroids, and that the senior care industry was... Read More »
by Steve Monroe | Apr 20, 2020 10:04 am | Opinion
First, we have to applaud Welltower for being very transparent with regard to what is happening with its customers, specifically its seniors housing operating portfolio (SHOP) customers. This is very important, not only for REIT investors, but for the entire... Read More »
by Steve Monroe | Apr 20, 2020 10:02 am | Opinion
All we hear about is how COVID-19 is spreading through skilled nursing facilities and some seniors housing communities. Bad news sells, pure and simple. We certainly know that, and there has been plenty of bad news the past few years, and weeks. Have you ever seen the... Read More »
by Steve Monroe | Apr 17, 2020 6:00 am | Acquisitions
Don Husi, Dan Revie and Tedd Van Gorden of Ziegler represented a not-for-profit owner of three skilled nursing facilities in Delaware in a sale that closed earlier this month. The sales price was $67.0 million, or just over $141,600 per bed/unit. That... Read More »