by Steve Monroe | Jul 31, 2019 6:02 am | 60 Seconds, Opinion
Still trying to get two board nominees, Land and Buildings steps up its criticism and need for change. Well, well, well. Jonathan Litt of Land and Buildings is at it again, this time with a six-page letter to Brookdale Senior Living shareholders, eviscerating... Read More »
by Steve Monroe | Jul 31, 2019 6:01 am | Financings
Debt is certainly plentiful these days in the seniors housing and care market, leading us to a record level of M&A and investment in the industry. But what about equity? That can still trip up investors looking to purchase or develop a seniors housing property,... Read More »
by Steve Monroe | Jul 31, 2019 6:00 am | Financings
The seniors housing and healthcare team at Meridian Capital Group has already had quite the year, reaching $1.3 billion in closed transactions so far. That total is spread across 41 deals in 22 states. Well done to Ari Adlerstein, Ari Dobkin and Josh Simpson. Some of... Read More »
by Steve Monroe | Jul 30, 2019 3:21 pm | Acquisitions
Using his expertise in the Texas M&A market, Matthew Alley of Senior Living Investment Brokerage sold an assisted living community in rural east Texas for $2.8 million, or $56,000 per unit. Originally built in 1994, the 50-unit community is the only licensed... Read More »
by Steve Monroe | Jul 30, 2019 3:16 pm | Developments
Acting as exclusive advisor to a joint venture between Pike Properties, Thrive Senior Living and Gallium Real Estate, the Cushman & Wakefield team of Richard Swartz, Jay Wagner and Jim Dooley arranged institutional equity capital for a to-be-built senior living... Read More »