Seniors Housing and Care M&A Market: Turning the Corner

Recorded February 17, 2011

2010 could go down as a transformative year for the seniors housing and care sector. After two very slow years, the market really started to take off in the second half of 2010. In fact, the dollar volume of announced acquisitions was greater than in 2008 and 2009 combined. Join us as we reflect on the behavior and performance of the M&A market over the past years and discuss the industry’s economic forecast for 2011 and beyond. 

Find out what happened to the average price per unit for assisted living facilities, the average price per bed for skilled nursing facilities, and cap rates for assisted living facilities and skilled nursing facilities in 2010 as we release our preliminary data on the M&A market. Our expert panel of leading industry insiders will review the trends in seniors housing and care by providing a unique perspective on the dynamics of the acquisition market, assessment of the past few years, and insight on what to expect in 2011 and beyond.

Our expert panel of leading industry insiders will review the trends in seniors housing and care by providing a unique perspective on the dynamics of the acquisition market, assessment of the past few years, and insight on what to expect in 2011 and beyond. 

 
ORDER A RECORDING OR TRANSCRIPT TODAY and get the answers to these questions and much more from our panel of industry leading experts—without ever having to leave your desk:

 

Preliminary data on average price per unit and bed in 2010 as well as cap rates for assisted living and skilled nursing facilities.
Are we poised for a significant market rebound that is not just health care REIT-driven?
Did average cap rates actually decline in 2010 or was it just for the jumbo deals?
Will prices rise and will the lenders start to loosen the purse strings?
PLUS….your chance to ask the leading experts your questions on the acquisition market.

 

 

 

 

 

 

 

 

 

 

 

Panel of Experts:

Don Bradley
Mr. Bradley is Executive Vice PResident as well as Chief Investment Officer with Nationwide Health Properties LLC. Nationwide Health Properties is a real estate investment trust investing in healthcare related real estate, senior housing, long-term care properties and medical office buildings. Mr. Bradley's operations are in triple-net leases and multi-tenent leases. As of December 31, 2010, NHP had investments in 663 Health Care facilities Read More
EVP of Nationwide Health Properties, Inc.
Anthony Crooks
Mr. Crooks is a Director of the Firm and an Investment Manager with the AEW Partners Funds, responsible for investment origination and asset management.  Since 2000, he has invested over $1.5 billion dollars in the office, senior housing, multi-family residential and mixed-use sectors and he currently manages a portfolio of senior housing investments with a gross value of approximately $400 million.  During his tenure at AEW, Mr. Read More
CFA, Director of AEW Capital Management
Rowan Farber
Mr. Farber currently focuses on healthcare bankruptcies and insolvencies and in the past several years, has lead and restructured some of the largest regional skilled nursing bankruptcies in the U.S.  Mr. Farber is the founder and President of LifeHOUSE Health Services, which is focused on strategic acquisitions of senior assisted & independent living and skilled nursing communities.  The Company is particularly effective in Read More
President and CEO of LifeHouse Health Services
Wayne Kaplan, Premier Senior Living
Mr. Kaplan, a founder and managing member of Premier Senior Living Group, LLC, focuses on the optimization of day-to-day operations of the company to promote revenue, profitability and growth.  As such, he oversees the company's operations to insure efficiency, quality, service and cost-effective management of resources.  Mr. Kaplan currently owns the 80th Street Residence, which is a 70-bed; licensed assisted living facility Read More
President of Premier Senior Living
Stephen Monroe
Stephen M. Monroe is a respected and often quoted industry leader. He is the managing editor and partner at Irving Levin Associates, Inc., a research and publishing firm founded in 1948. The firm specializes in the seniors housing and health care investment markets and delivers timely market intelligence to subscribers through financial newsletters, acquisition reports and databases. Mr. Monroe is the editor of The SeniorCare Investor, the Read More
Editor, The SeniorCare Investor