Steve's Senior Care Blog

Seniors Housing Weekly Update-- Advocat Rejects Takeover Offer
  May 22, 2012. 60 Seconds with Steve Monroe.  Despite a 100% premium, Advocat's board rejected the offer from Covington Investments....   Advocat Rejects Takeover Offer On May 11, Advocat received an unsolicited offer...
Add a Comment | Read More
Seniors Housing Weekly Update-- A Few SNF Stocks Tumble
  May 15, 2012. 60 Seconds with Steve Monroe.  It has been a tough few weeks for some skilled nursing and assisted living stocks, except for one....   A Few SNF Stocks Tumble It’s been a tough few weeks for some...
Add a Comment | Read More
Advocat Receives Unsolicited Takeover Bid
May 11, 2012. Skilled nursing operator Advocat received an unsolicited offer today for 100% of its outstanding shares for $8.50 per share from Atlanta-based Covington Investments. The offer represents a 96% premium to the prior day's closing...
Add a Comment | Read More
EXPERT OPINION: A Conversation with Alec Blanc
In this “ Expert Opinion” interview, Alec Blanc, Senior Vice President and Team Leader of the Healthcare Banking Group at Regions Bank, discusses HUD lending, loans, future plans, and more.   Watch the video   ...
Add a Comment | Read More
Seniors Housing Weekly Update-- Woes Only Increase For Assisted Living Concepts
  May 8, 2012. 60 Seconds with Steve Monroe.  The company postpones announcing first quarter earnings after a landlord serves notice of canceling some leases.....   Woes Only Increase For Assisted Living Concepts Late last...
Add a Comment | Read More
Seniors Housing Weekly Update-- Seniors Housing First Quarter Earnings
  May 1, 2012. 60 Seconds with Steve Monroe.  It's going to be a busy week with eight operating companies reporting first quarter earnings in a 24-hour period...   Seniors Housing First Quarter Earnings Earnings season is...
Add a Comment | Read More
EXPERT OPINION: A Conversation with Jim Sherman
In this “Expert Opinion” interview, Jim Sherman, Senior Managing Director of Red Mortgage Capital, LLC, discusses refinancing, loans, new banks in the market, and more.   Watch the video      Read the...
1 comment | Read More
Seniors Housing Weekly Update-- Seniors Housing Acquisition Risk Premium Remains High But Consistent
  April 24, 2012. 60 Seconds with Steve Monroe.  For seniors housing and skilled nursing acquisitions, the spread between cap rates and Treasury note yields has been consistent recently....   Seniors Housing Acquisition Risk...
Add a Comment | Read More
Seniors Housing Weekly Update-- The Path of Home and Community-Based Care
60 Seconds With Steve Monroe    April 17, 2012. With so much emphasis on letting the elderly stay in their homes with a push towards home and community-based services, has anyone considered how we are going to pay for it...
4 comments | Read More
Senior Care Development Wins The Clare Auction
April 13, 2012. An affiliate of Senior Care Development, together with a few investors, won the auction yesterday, April 12, for The Clare at Water Tower in downtown Chicago, with a winning bid of $53.5 million plus the assumption of the...
Add a Comment | Read More