One Small Provider Tackles The Coronavirus, And Performs
by Ben Swett | Jul 6, 2020 9:02 am | Statistics | 0 comments
As we all know by now, the coronavirus has been impacting providers very differently. Some not-for-profits have been spared, while others have suffered greatly. The very large national providers have seen surges in positive cases and deaths in some of their buildings, while other buildings they operate have been completely spared. Was senior... Read More »Recent Senior Care M&A Deals, Week Ending July 3, 2020
by Ben Swett | Jul 3, 2020 2:49 pm | Acquisitions | 0 comments
Check out our recent senior care M&A deals! Long-Term Care AcquirerTargetPrice Regional owner/operatorElderHealth & Living Memory Village$11.85 million Regional owner/operatorBishop Davies Nursing Care Center$8 million Regional owner/operatorWood Memorial Nursing Home$6.365 million Regional owner/operatorLBJ Medical Center$1.2... Read More »Live Oak Bank Secures Credit Facility for JEA Senior Living
by Ben Swett | Jul 3, 2020 2:43 pm | Financings | 0 comments
Live Oak Bank is expanding its balance sheet offerings for senior care clients and recently closed a credit facility for national operator JEA Senior Living. The $25 million facility will support JEA’s senior housing acquisitions nationwide as the company continues to grow its portfolio. The structure also allows JEA to both add and remove... Read More »Q2 Senior Care M&A Falls To Seven-Year Low
by Ben Swett | Jul 2, 2020 2:41 pm | Statistics | 0 comments
Well, we can’t say we aren’t surprised. COVID-19 and the economic ramifications stemming from social distancing and quarantine measures took a toll on seniors housing and care M&A, leaving the sector with just 59 publicly announced transactions in the second quarter. Back in early April, we said the second quarter’s deal total would... Read More »Senior Living Investment Brokerage Announces Four Closings
by Ben Swett | Jul 2, 2020 2:39 pm | Acquisitions | 0 comments
The floodgates opened at Senior Living Investment Brokerage. Just as we entered July, the firm announced four closings for three skilled nursing facilities and a memory care community. Jason Punzel, Brad Goodsell and Vince Viverito first represented a local owner/operator in their sale of a 59-unit memory care community in Springfield, Oregon... Read More »
