by Steve Monroe | Apr 10, 2020 2:14 pm | Acquisitions
Dave Rothschild and Mary Christian of Cushman & Wakefield recently closed on the sale of three senior living communities in southern California. The communities were owned by Diversified Healthcare Trust (NYSE: DHC) and were operated by Five Star Senior Living.... Read More »
by Steve Monroe | Apr 8, 2020 8:51 am | 60 Seconds, Opinion
When COVID-19 hits close to home. So, here we are in week three of shelter in place. Actually, week four for me. Two weeks ago, I was about the only one wearing a mask in one of my two trips to the grocery store. Now most everyone is, which makes sense. On one of the... Read More »
by Steve Monroe | Apr 6, 2020 8:25 am | Financings, Opinion
The healthcare Real Estate Investment Trusts have been the hardest hit in our sector during the recent stock market plunge. Many are worried about their own liquidity and drew down on their credit facilities, even if they didn’t need the funds now. Some just went and... Read More »
by Steve Monroe | Apr 1, 2020 1:06 pm | 60 Seconds, Opinion
After a two-week delay, Capital Senior Living reports fourth quarter results, and a little of first quarter. After delaying its fourth quarter earnings release by two weeks, Capital Senior Living finally produced the results. And they were not as bad as we expected.... Read More »
by Steve Monroe | Mar 27, 2020 3:40 pm | Acquisitions
The team at Newmark Knight Frank closed a two-property deal in Florida for a total price of $48.85 million, or $270,000 per unit. The portfolio includes Summer Vista in Pensacola, which was built in 2016 and has 89 assisted living and memory care units with... Read More »