Scarp Ridge, a private real estate investment firm focused on distressed, opportunistic and value-add investing, has launched with a $300 million fund. The firm is focused primarily on hospitality and senior housing, including independent living, assisted living and memory care, but Rick Shamberg, Scarp Ridge co-founder and managing director, said they have not ruled out […]
REITs
Flying in the face of “contrarian” analysts who “signed its death certificate,” the skilled nursing industry continues to attract attention and dollars from investors, with per-bed prices tripling since 2003, a new report states. The median SNF sold for $94,600 per bed in 2016, a gain of 42% from 2015, according to a report released Wednesday by Irving […]