Senwell advises on sale of 6 facilities to Saber Healthcare Senwell Senior Investment Advisors advised sellers on the sale of six facilities in North Carolina, made up of 691 licensed beds divided between five skilled nursing facilities and one assisted living facility, located across North Carolina. The sellers wanted to transition the property to a […]
Senwell Senior Investment Advisors
Dwight Capital and its mortgage real estate investment trust (REIT) affiliate Dwight Mortgage Trust ended the second financial quarter with $297.6 million in seniors and health care financings. Notable transactions from Q2 included bridge loans for an eight-property SNF portfolio in Minnesota, along with New Jersey-based Riverfront Rehabilitation and Healthcare Center and continuing care retirement […]
For operators feeling the excruciating slowness of the certificate of need (CON) route to expansion, or are hitting a roadblock with moratoriums on new skilled nursing beds, many are opting to acquire bed licenses from other operators. The option offers another way to grow across state lines, or in an existing market. Still, bed license […]
Per-bed prices — a gold-standard valuation metric for buyers looking to invest in skilled nursing facilities — have remained stable for most of the COVID-19 pandemic, and even picked up at the end of 2020. But focusing on cash flow is perhaps even more important as the government shoots money into the industry. Bed prices […]
Cushman & Wakefield earlier this month announced its involvement in a three-building, $118 million skilled nursing portfolio deal on behalf of Healthcare Trust, a non-public real estate investment trust (REIT) based in New York City. The real estate services firm kicked off the process with the successful sale of Lutz Healthcare and Rehab in Lutz, […]
Bed prices at nursing homes have remained robust in recent years despite industry upheaval, and while it’s impossible to paint the state of the market with a broad national brush, the coming year could bring even higher figures as owners and operators pull off turnaround projects. A snapshot from the third quarter of 2019 revealed […]
Cambridge Realty Capital Companies provided a pair of $24 million Department of Housing and Urban Development (HUD) loans to refinance two Ohio combination skilled nursing and senior living properties. The loan covers the the Vista Care Center of Lisbon — a 76-bed, mixed-use skilled care and assisted living facility — and Vista Center at The […]
Thornton Hall Nursing and Rehabilitation, a 60-bed skilled nursing facility located in Norfolk, Va., was sold in a 60-day span. The transaction was sparked by an active skilled nursing investor — with an expanding regional operating platform in the state — who presented an unsolicited offer to acquire the SNF from a client of Blueprint […]
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