by Steve Monroe | Aug 28, 2019 6:02 am | Opinion
Shareholders of Diversicare Healthcare Services have been pummeled recently, with the share price down about 65% in the past 12 months, and down 40% since July 1. Not what shareholders want to see, especially with the markets as strong as they have been (with the... Read More »
by Steve Monroe | Aug 23, 2019 4:35 pm | Acquisitions
It’s not often we see Wyoming deals come across our desks, but Blueprint Healthcare Real Estate Advisors just announced one for a 120-bed skilled nursing facility in Casper. Previously owned by a national owner/operator of more than 150 SNFs across the country, the... Read More »
by Steve Monroe | Aug 22, 2019 4:59 pm | Financings
Lancaster Pollard Mortgage Company arranged Fannie Mae financing for a couple of clients, totaling nearly $56 million. Ross Holland, Doug Harper and Casey Moore led the larger transaction, closed on behalf of The Ridge Senior Living to refinance two of its communities... Read More »
by Steve Monroe | Aug 21, 2019 6:03 am | 60 Seconds, Opinion
Cuts to Alaska’s elderly funding was front-page news recently. I figured it was fate when, on my first day on vacation in Alaska last week, the headline of the major newspaper talked about the elimination of senior benefits. Then, in the hotel lobby was a... Read More »
by Steve Monroe | Aug 21, 2019 6:02 am | Acquisitions
Active adult communities continue to draw attention from investors, particularly those not traditionally involved with the more service-oriented property types like assisted living and memory care. Brad Goodsell and Jason Punzel of Senior Living Investment Brokerage... Read More »