by Steve Monroe | Jul 5, 2019 6:01 am | Acquisitions
Deals are still bubbling to the surface, but the second quarter is in the books, and it was another big one for healthcare M&A. Across the 13 sectors, spanning from behavioral health and rehabilitation to biotechnology and our bailiwick, long-term care, we... Read More »
by Steve Monroe | Jul 5, 2019 6:00 am | Acquisitions
CareTrust REIT and Cascadia Healthcare expanded their relationship to 12 facilities and 1,013 total beds with the REIT’s acquisition of a brand-new transitional care facility in Nampa, Idaho. This transaction was by no means out of the blue. Cascadia’s development... Read More »
by Steve Monroe | Jul 4, 2019 1:59 am | Opinion
[featured in the July issue of The SeniorCare Investor] With the overall stock market posting its best first half of a year since 1997, one would expect that seniors housing and care stocks would also have performed well. The major benchmarks are up 14% to 17% so far... Read More »
by Steve Monroe | Jul 3, 2019 1:04 pm | Acquisitions, Financings
CBRE was all over the sale of a seniors housing community in Conroe, Texas, facilitating its sale on behalf of the previous owner and arranging acquisition financing for the buyer, Chicago Pacific Founders. Originally built in 2016 by a joint venture between Paradigm... Read More »
by Steve Monroe | Jul 3, 2019 7:02 am | 60 Seconds, Opinion
The presidential debates last week had a glaring hole, one that everyone should be concerned about. I don’t know about you, but I watched all four hours of the presidential debates last week. I do sort of thrive on those things. But didn’t you think there was... Read More »