by Steve Monroe | Jul 29, 2019 6:01 am | Acquisitions
Check out our recent senior care M&A deals. Long-Term Care AcquirerTargetPrice Baptist Homes of IndianaThe Barrington of Carmel$61 million National Health Investors, Inc.Legacy Commons of Pueblo West$7.5 million New Jersey-based owner/operator3 skilled nursing... Read More »
by Steve Monroe | Jul 29, 2019 6:00 am | Opinion
Ventas (VTR) was the first one out of the block to report second quarter earnings, and while the results were about as expected, on the seniors housing and care side the turnaround has still not arrived. In fact, the second quarter was disappointing but not... Read More »
by Steve Monroe | Jul 26, 2019 1:53 pm | Financings
The Newmark Knight Frank (NKF) Seniors Housing team, led by David Fasano & Sarah Anderson, recently closed on a refinance for a 145-unit IL/AL/MC community located in Brown Deer, Wisconsin. A large private equity firm with significant experience in the senior... Read More »
by Steve Monroe | Jul 26, 2019 6:02 am | Acquisitions
National Health Investors has added another property to its growing portfolio. Paying $7.6 million, or $149,000 per unit (including $100,000 of closing costs), the REIT acquired a 51-unit assisted living community in Pueblo, Colorado. Built in 1997 with an addition in... Read More »
by Steve Monroe | Jul 26, 2019 6:01 am | Acquisitions
We wrote of Chicago Pacific Founders’ acquisition of a Pittsburgh, Pennsylvania-area portfolio of independent living communities last week but have now learned that IPA Seniors Housing handled the transaction. The team of Joshua Jandris and Mark Myers, plus Marcus... Read More »