by Steve Monroe | Aug 20, 2019 3:55 pm | Developments, Financings
Lancaster Pollard’s Propero Seniors Housing Equity Fund III helped fund the construction of a new independent living community in Reno, Nevada. Mission Senior Living is building the community, which will feature 130 total units when it opens in the summer of 2020. A... Read More »
by Steve Monroe | Aug 19, 2019 6:01 am | Statistics
You know us. We have always been bullish on the long-term prospects of the skilled nursing sector. You have read on these pages how investment interest never slowed even as average prices dropped in the past few years from the record peak of just over $99,000 per bed... Read More »
by Steve Monroe | Aug 15, 2019 8:35 pm | Acquisitions
Serial acquirer The Ensign Group just announced its 10th senior care acquisition of the year, and 20th since the start of 2018. Its latest target was a 100-bed skilled nursing facility in Surprise, Arizona. Newly built, the facility is the seventh added to Ensign’s... Read More »
by Steve Monroe | Aug 14, 2019 6:02 am | 60 Seconds, Opinion
Average prices per bed ticked up over the past four quarters, and Genesis Healthcare posted better results. In this month’s SeniorCare Investor, I talked about the recent rise in the average price per bed for skilled nursing facilities for the most recent trailing... Read More »
by Steve Monroe | Aug 14, 2019 6:00 am | Acquisitions
Brooks Blackmon of Blueprint Healthcare Real Estate Advisors used his Southeast expertise to sell a portfolio of four boutique assisted living communities in Alabama. The small communities, which were all built in the late-1990s, were deemed to be non-core by the... Read More »