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 »
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 »