Genesis HealthCare Sees Share Value Rebound

It’s no surprise that Genesis HealthCare has seen a significant drop in its share value as a result of Covid-19. The company owns and operates facilities that care for a medically-complex population that is most vulnerable to the virus, which is a huge risk in itself. The horrifying situation at a Life Care Centers facility in Kirkland, Washington, where 129 cases […]

Berkadia Arranged Two Bridge Loans

Berkadia announced two financings for a total of eight senior care properties. The first transaction saw the firm close a $15.25 million bridge loan for the acquisition of seven skilled nursing facilities located throughout the Midwest. Comprised of 426 operating beds, the portfolio was acquired by a first-time client of Berkadia’s. They obtained a two-year, […]

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O&M Investments Acquires California Skilled Nursing Facility

Following a busy 2019 with five announced acquisitions, O&M Investments just announced its third off-market transaction of 2020. The deal included a 124-bed skilled nursing facility in Hanford, California, which was acquired at a 12% cap rate (although no purchase price was disclosed). The facility underwent a full remodel three years ago, and occupancy consistently […]

Blueprint Sells Two Value-Add Properties

In the middle of all of their meetings in San Diego, two Blueprint Healthcare Real Estate Advisors teams announced a couple of recent sales. Connor Doherty, Brian Payant and Ryan Kelly first represented a regional owner/operator in its disposition of a 120-bed skilled nursing facility in Akron, Ohio. Maintaining historically stable cash flow, but an opportunity to […]