by Steve Monroe | Dec 30, 2019 6:00 am | Acquisitions
We told you that the folks at Newmark Knight Frank were going to have a big year end, and in the days just before Christmas they closed four transactions worth about $550 million in total. Not a bad way to end the year, and we hope they are all off on vacation until... Read More »
by Steve Monroe | Dec 18, 2019 6:00 am | 60 Seconds, Opinion
Young people flock to see septuagenarians perform because they are rock stars. But aren’t all 70-somethings rock stars in some one’s mind? Asking if Ageism is dead might seem like a funny question. We see ageism every day. But last week I was fortunate... Read More »
by Steve Monroe | Dec 16, 2019 4:00 am | 60 Seconds
The past decade has been quite the ride, but we are ready for the roaring 2020s. Can you believe it? We are just a few days from leaving this decade and entering the 2020s. That will be a relief, because calling the past decade the 20-teens, or whatever, just never... Read More »
by Steve Monroe | Dec 13, 2019 6:00 am | Acquisitions
In last month’s SeniorCare Investor we mentioned that the team at Newmark Knight Frank would have approximately $1.2 billion in closings in December. They may have reached half of that in one deal. Although no price is being disclosed on the transaction, we did get a... Read More »
by Steve Monroe | Dec 11, 2019 6:00 am | 60 Seconds, Opinion
For years, NIC MAP has been presenting quarterly changes in seniors housing asking rates, but it is now trying to get beyond that and get the actual rental rates. That will add a lot more needed transparency. As many of you know, NIC is working hard to develop... Read More »