by Steve Monroe | Aug 13, 2019 2:11 pm | Financings
KeyBank Real Estate Capital just closed its second Freddie Mac loan for Danbury Senior Living to refinance another seniors housing property Ohio. A year ago, KeyBank had worked with Danbury to arrange a $14 million refinance for its 105-unit community in Wooster. Fast... Read More »
by Steve Monroe | Aug 12, 2019 6:01 am | Opinion
We are not sure why investors continue to think there may be some break-through news every quarter when the big seniors housing companies report earnings. This has been, and is going to continue to be, a slog to get through the mess created by too much development... Read More »
by Steve Monroe | Aug 7, 2019 6:02 am | 60 Seconds, Opinion
Everyone is talking about development slowing down, but over development is just part of the problem. We have been hearing it for a few months: seniors housing development is slowing down, based on fewer new construction starts. We have heard it from NIC MAP, from... Read More »
by Steve Monroe | Aug 7, 2019 6:01 am | Statistics
Every quarter, we take a look at the latest 12-month pricing multiples for the assisted living, independent living and skilled nursing markets as an added bonus to the Senior Care Acquisition Reports. Starting with assisted living, the market appears to have rebounded... Read More »
by Steve Monroe | Aug 7, 2019 6:00 am | Acquisitions
Details are not in abundance, but if you have the cash and the ability, there are up to four memory care facilities in the Houston, Texas market that are available for a quick sale. Here’s the issue. Bids are due by August 16, and the closing must be by August 30.... Read More »