by Steve Monroe | Jul 3, 2019 7:01 am | Acquisitions
The future is looking brighter for 16 South Dakota skilled nursing facilities formerly owned by Golden Living and operated by Skyline Healthcare, as Cascade Capital Group acquired the portfolio. The facilities had been operated by a receiver since last Spring, after... Read More »
by Steve Monroe | Jul 3, 2019 7:00 am | Acquisitions
The summer heat isn’t getting to Brad Clousing of Senior Living Investment Brokerage, who recently closed two transactions in the Southeast. First, Mr. Clousing was joined by Daniel Geraghty and Dave Balow to sell a personal care community about 65 miles northeast of... Read More »
by Steve Monroe | Jul 2, 2019 5:01 pm | Acquisitions
Private equity firm O&M Investments acquired a value-add skilled nursing facility in the Dallas, Texas market. At face value, this appears to be a good opportunity for O&M to generate a healthy return. First, the facility is relatively new at just 13 years... Read More »
by Steve Monroe | Jul 2, 2019 4:58 pm | Acquisitions
There’s a new private equity investor in the senior living market. 29th Street Capital, a firm focused on value-add purchases in the multifamily space, partnered with Knoxville, Tennessee-based developer/operator Solinity to make its first acquisition in the metro... Read More »
by Steve Monroe | Jul 1, 2019 7:01 am | Acquisitions
Check out our recent senior care M&A transactions! Long-Term Care AcquirerTargetPrice Partnership buyerSavannah Commons$13.22 million Elmington Senior Living2 assisted living communitiesN/A Vincentian Collaborative SystemSchenley Gardens$7.5 million Senior Living... Read More »