by Zach Alexander | Sep 9, 2022 9:36 am | Acquisitions
Evans Senior Investments announced it handled the sale of a skilled nursing facility in Henderson, Nevada. Built in 1999 and sitting 10 miles south of the Las Vegas Strip, TLC Care Center saw pre-pandemic occupancy levels of 90% plummet to 58% at the time of... Read More »
by Zach Alexander | Sep 7, 2022 9:54 am | Uncategorized
Evans Senior Investments announced the sale of a seven-property skilled nursing portfolio. Built between 1957 and 2017, the portfolio comprises a total of 558 beds in the southwestern region of Colorado. The buyer is an east coast-based owner/operator looking to... Read More »
by Zach Alexander | Sep 7, 2022 9:48 am | Uncategorized
Blueprint Healthcare Real Estate Advisors announced the sale of an assisted living community in Waco, Texas. Legends Crossing comprises 106-units and sits on 6.7 acres adjacent to Baylor Scott & White Medical Center. Built in 2015 by Mainstreet, the community has... Read More »
by Zach Alexander | Sep 2, 2022 2:51 pm | Statistics
The seniors housing and care industry has witnessed incredible growth so far in the 21st century, surviving the Great Recession and the COVID-19 pandemic among other bumps along the way. Despite the headwinds, investors continue to pour money into the space in search... Read More »
by Zach Alexander | Sep 2, 2022 2:49 pm | Acquisitions
SRS Real Estate Partners handled the sale of a 75-bed skilled nursing facility in Fort Myers, Florida. An entity doing business as Plantation Medical Center SNU LLC sold the property to a private 1031 investment firm based in New York City for a purchase price of... Read More »