Special Report: Investors adding senior living to mix
ACUITY LEVELS ARE RISING – AND SO IS THE LEVEL OF INSTITUTIONAL INTEREST By Murray W. Wolf Seasoned senior living real estate investors acknowledge that the sector is “complicated,” “misunderstood” and fraught with the added risks associated with volatile government reimbursement policies. In addition, there are questions about the ability of some operators to deliver […]
Publisher’s Letter: Serious about seniors
By Murray W. Wolf. Dear Reader: We have all recognized for many years that there is a big potential opportunity in the senior living sector. The market has had its ups and downs. But we all ultimately expect demand to grow for independent living, assisted living, skilled nursing and memory care facilities, as well […]
Senior Living: Senior moment? Sector is heating up
INTEREST IS GROWING IN POST-ACUTE AND LONG-TERM CARE REAL ESTATE By Murray W. Wolf The potential opportunity in the senior living market has seemed tantalizingly obvious for many years. We all know about the “silver tsunami” – the 78 million aging baby boomers who, during the next two decades, will drive unprecedented demand for independent […]
Sabra Health Care REIT to Present at Stifel Nicolaus Conference
Sabra Health Care REIT, Inc. to Present at the 2011 Stifel Nicolaus Senior Housing & Healthcare Real Estate Conference IRVINE, Calif., Jan. 7, 2011 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that Richard K. Matros, the company’s Chief Executive Officer, will present at the 2011 Stifel Nicolaus Senior Housing and Healthcare Real Estate […]
LaSalle Group breaks ground for Tulsa assisted living facility
THE LASALLE GROUP, inc. MOVES INTO NEW TERRITORY OPENING ITS unique brand of SPECIALIZED MEMORY CARE communities IN THE TULSA MARKETLeading Real Estate Developer Constructs State-of-the-Art Facility Dedicated Specifically to Alzheimer’s and Memory Care in Tulsa, OKTulsa, OK – November 29, 2010 – Dallas-based developer The LaSalle Group, Inc. is breaking ground on its first […]
Special Report: Senior living prices ready to rebound?
ASSET VALUATIONS HAVE SLIPPED SINCE ‘07, BUT NIC PANEL SEES IMPROVEMENT By Murray W. Wolf In this, our third article from the NIC conference, we explore trends in valuations for senior living real estate. The market for senior living facilities peaked in 2006-07. Both the total dollar volume and number of transactions achieved new highs […]
Special Report: Senior housing sector shows optimism
DEVELOPMENT AND OCCUPANCY RATES HAVE DIPPED, BUT NIC CROWD SEES HOPE By Murray W. Wolf Like medical office, senior living has weathered the recession better than most commercial real estate sectors. But the similarities don’t stop there. Both are healthcare-related businesses that face risks from possible reimbursement rate reductions and continue to struggle to do […]
Publisher’s Letter: Bueller? Bueller? Bueller?
BEN STEIN HELPS NIC ATTENDEES FIND OMPTIMISM Dear Reader: Earlier this month, I once again had the opportunity to attend the annual conference presented by the National Investment Center for the Seniors Housing & Care Industry (NIC) in Chicago. The folks at NIC put on a first class event, as always. But one of the […]
Sunrise avoids bankruptcy – for now
SENIOR LIVING FIRM BUYS TIME TO STRUCTURE NEW LONG-TERM FINANCING DEAL By Murray W. Wolf When a market leader like General Motors Corp. (NYSE: GM) teeters on the edge of bankruptcy, it stokes concerns about the entire automotive industry. The same might be said of the senior living business, where bankruptcy could loom for the […]
Project Case Study: Senior Focus (April 2008)
ASL makes entry to independent living DEVELOPER, OWNER HAS THREE PROJECTS WITH 521 UNITS UNDER WAY IN CALIFORNIA By Dan Emerson Santa Ana, Calif.-based American Senior Living (ASL) has targeted three California cities whose age and income demographics make them fertile ground for independent living communities: Tarzana and Tustin, near Los Angeles, and Daly City, […]
Financing & Investment (January 2006)
Beverly Enterprises Inc. (NYSE: BEV) of Fort Smith, Ark., announced Nov. 21 that financing commitments related to its previously reported merger process had been fulfilled, including receipt of a $350 million equity commitment and a $50 million letter of credit. The company has entered into an amended merger agreement at a revised all-cash price of $12.50 per share. Under the amended agreement, Fillmore Strategic Investors LLC, an affiliate of Fillmore Capital Partners – a private equity firm focused on investments principally in the lodging and healthcare sectors – will replace North American Senior Care (NASC) and its affiliates as the acquiring entity.
Product Focus: Senior sales still brisk
Plenty of Capital is Available for Acquisitions By Jessica Griffith Investors are snapping up senior living developments in reaction to strong market conditions, and the shopping cart isn’t likely to park itself any time soon.
Post-Acute & Senior Living: Some senior properties are aging, too
Here’s How One Eugene, Ore., Retirement Community is Being Revitalized By Jessica Griffith Like their residents, senior living properties are getting older, and that can create a significant challenge for their owners and investors. Although independent and assisted living properties are changing hands at a rapid rate, few new developments are in the pipeline and some of […]