The Retreat At The Stratford: A Deal in the Skilled Nursing facility M&A LevinPro Database
The Retreat At The Stratford 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 2460 Glebe St in Carmel, Indiana. It was incorporated on September 17, 2010. 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 The Retreat At The Stratford 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... Read More »The Plaza At Richardson Featured in LevinPro Database
The Plaza At Richardson 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 1301 Richardson Dr in Richardson, Texas. 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 The Plaza At Richardson 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 »Resorts At Pooler Inc Linked to Merger or Acquisition Activity in LevinPro Database
Resorts At Pooler Inc 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 508 S Rogers St in Pooler, Georgia. 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 Resorts At Pooler Inc 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 »
Newmark Closes a Cap Rate Deal in Texas
There was a cap rate deal in Texas at the start of August, a relative rarity in today’s market. Newmark closed the sale of Heartis San Antonio, a 109-unit assisted living/memory care community in San Antonio, Texas, to an undisclosed buyer. The community was developed by Caddis Partners, the seller, in 2016 and had been a strong performer ever since opening, even through the pandemic. It was nearly full at the time of the sale, with a healthy operating margin. With so few performing properties available for sale these days, interest from buyers was strong, and we understood pricing reached the mid-$30 million range. The community also sold at a cap rate in the high-6s, a very good... Read More »