Follow The SeniorCare Investor’s Steve Monroe break down the seniors housing and care M&A market, industry news and equity markets, in 60 seconds or less. Stay up-to-date on skilled nursing and assisted living businesses, retirement communities, REITs and home health care.
Alzheimer’s is a terrible disease, but everyone can help find a cure. We participated in our first Walk To End Alzheimer’s yesterday, along with about 2,000 other walkers in Norwalk, CT. While we raised $3,500 so far, it is only 50% of our goal, or $100 for each of the 70 years we have been […]
The New Jersey-based skilled nursing and assisted living operator puts 33 of its properties into receivership. Not good for the lenders. I am sure you have heard by now about Atrium Health and Senior Living placing 33 of its properties into receivership this week. This includes all their Wisconsin properties and one Michigan facility, but […]
Latinos are the fastest growing worker cohort, but like all workers, they need more education and training. So do seniors housing workers, if we want to keep them. I read an interesting article from the Wall Street Journal over Labor Day Weekend titled “The ‘Latino Factor’ Will Save America’s Economy.” The gist of it was […]
Over the last seven years, August has averaged just 25 acquisitions. We are already 50% above that, and still counting. As the dog days of August come to an end, is there anyone still working away before Labor Day? I have to say, the healthcare M&A market has been quite active this summer. In the […]
Brookdale Senior Living has agreed to sell its trophy community in New York City at a record price to Ventas, but will keep the management. Anyone who heard former Brookdale Senior Living CEO Mark Schulte address the ASHA annual meeting in the aftermath of 9/11 will never forget it. He talked about their newest project […]
Jonathan Litt of activist investor Land & Buildings has sent yet another letter to Brookdale Senior Living shareholders, still calling for a sale of the real estate. It appears that Brookdale Senior Living is at the early stages of righting its ship. And, activist investor Jonathan Litt of Land & Buildings has been complimenting management […]
It has certainly been a busy year in the M&A market, with transaction volume on pace to top last year’s, according to The Senior Care Acquisition Report. Despite all the headwinds and headline issues, buyers are still very active, and in many cases paying top dollar for the assets they want. The independent living market […]
Two major REIT CEOs can see seniors cap rates moving below multifamily for the first time. The Big Two REITs have reported their second earnings, and while occupancy and labor costs certainly remain an issue for their operating partners, there was one funny comment that came out of the calls. Well, funny if you get […]
Seniors housing occupancy hits a low because of new supply, while active adult communities begin to take off. As you know, occupancy in seniors housing now stands at a low point since the Great Recession, especially on the assisted living side. Eighteen months ago, “the market” was looking for a turn around by the second […]
With assisted living occupancy now at an eight-year low, the reasons seemed very obvious a few years ago. I am a hoarder. I like to keep reports, articles, magazines and anything else of interest pertaining to seniors housing and care. So, last night I was cleaning up some papers stacked in my office and came […]