by Steve Monroe | Oct 2, 2019 6:03 am | 60 Seconds, Opinion
When NIMBYism hits home, and in my mailbox. I put some mail in my mailbox at home this morning (yes, I still use the USPS), and overnight someone slipped a “Dear Neighbors” letter in the box. It wanted to make us aware of a “massive” new development planned just two... Read More »
by Steve Monroe | Sep 30, 2019 9:16 am | Acquisitions
Check out our recent senior care M&A deals. Long-Term Care AcquirerTargetPrice WellQuest LivingThe Landing at Elk Grove$29.6 million CareTrust REIT, Inc.Vista del Lago$12.5 million Azria Health15 skilled nursing facilities$8 million Covenant Living Communities and... Read More »
by Steve Monroe | Sep 25, 2019 6:02 am | 60 Seconds, Opinion
Transaction volume is still running ahead of last year’s record, fueled by liquidity and low interest rates. As of yesterday, seniors housing and care acquisition volume was still running ahead of last year’s record-setting pace. We are well over 300... Read More »
by Steve Monroe | Sep 19, 2019 3:50 pm | Developments
Confluent Senior Living and Harbor Retirement Associates are entering the Connecticut market with their development of a 113-unit assisted living/memory care community in the greater Hartford area. Set to break ground this month, the project is set on a 5.8-acre site... Read More »
by Steve Monroe | Sep 18, 2019 6:03 am | 60 Seconds, Opinion
The record crowd of 3,300 attendees were mostly positive about the market despite the headwinds. After spending four days last week in Chicago with my 3,300 best friends, my one big takeaway is the continued positivity that brought a record crowd to NIC. Not everyone... Read More »