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 »
by Steve Monroe | Aug 6, 2019 2:57 pm | Acquisitions
It has already been an active August for Senior Living Investment Brokerage, which closed four deals on the first of the month, one of which we already covered last week. First up, Jason Punzel sold a seniors housing property in Brookings, Oregon. Built in 1999 and... Read More »
by Steve Monroe | Aug 6, 2019 2:44 pm | Acquisitions
Sometimes, less is more. That was the case for a portfolio of three Ohio skilled nursing facilities, which shed five beds from their license and thus boosted their average Medicaid rate by over $16 per patient day. Ben Firestone, Michael Segal and Connor Doherty of... Read More »
by Steve Monroe | Aug 5, 2019 6:01 am | Acquisitions
Check out our recent senior care M&A transactions. Long-Term Care AcquirerTargetPrice Hackensack Meridian Health3 skilled nursing facilities$65 million Owner/operatorButterfly Gardens$1.5 million Welltower32 senior living communities$343 million Institutional... Read More »