• Healthcare REIT Divests SNF to In-Place Operating Partner

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »
  • Near-Stabilized AL/MC Community Lands Refinance

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »
  • Record-Setting HUD Express Lane Application to Commitment

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »
  • Large Healthcare Owner Receives Financing

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »
  • Out-of-State Owner Divests to Investor

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the... Read More »

Texas Nursing & Rehab Incorporated in High-Profile M&A Deal in LevinPro Database

Texas Nursing & Rehab has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a not-for-profit skilled nursing facility situated at 3428 Moulton Rd in Gonzales, Texas. It was incorporated on May 13, 1975. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Texas Nursing & Rehab in its deal database, which is available to subscribers. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on... Read More »

Shell Lake Health Care Center Linked to Merger or Acquisition in LevinPro Database

Shell Lake Health Care Center, a private skilled nursing facility, is situated at 802 E County Highway B in Shell Lake, Wisconsin, has been linked to a merger or acquisition in the LevinPro M&A deal database. This Medicare-licensed facility was incorporated on May 25, 2021. LevinPro, known for tracking M&A activity across a broad spectrum of healthcare sectors including hospitals, home health, medical real estate and biopharma, has profiled the transaction involving Shell Lake Health Care Center in its comprehensive deal database. This resource is available to subscribers here. Throughout its extensive history, LevinPro has tracked thousands of deals within the skilled nursing... Read More »

Elevate Care Abington Featured in LevinPro Database

Elevate Care Abington has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 3901 Glenview Rd in Glenview, Illinois. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Elevate Care Abington in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on subscription options, go to... Read More »

Shores Nursing and Rehab Center Joins LevinPro Database

Shores Nursing and Rehab Center has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 220 9th St in Port Saint Joe, Florida. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Shores Nursing and Rehab Center in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on subscription options,... Read More »
In Memoriam: Doug Korey

In Memoriam: Doug Korey

We just heard the unfortunate news that our friend and colleague Doug Korey passed away last week. He had been battling cancer for a while but always put a brave face on his journey. We have known Doug since he got into the senior care industry more than 25 years ago. We served on panels with him and had many off-the-record conversations about some of the transactions he was working on. We even had to sub him on stage at the last minute at an NIC conference due to a scheduling mix up. It was our pleasure. We enjoyed his dry sense of humor, and we know that his friends and colleagues at LTC Properties will miss him dearly. Read More »

Elderwood at North Creek Involved in M&A Activity in LevinPro Database

Elderwood at North Creek has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 112 Ski Bowl Rd in North Creek, New York. It was incorporated on April 6, 2017. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Elderwood at North Creek in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information... Read More »