Senior Care Acquisition Market: On the Rebound or In a Rut?

Recorded August 5th, 2008

Order the CD or Transcript today for a brand-new SeniorCare webcast conference featuring expert analysis of the current seniors housing and care acquisition market and exclusive mid-year M&A statistics.

This educational offering has been approved for 1 clock hour by the National Association of Boards of Examiners of Long Term Care Administrators (NAB).

The subprime mortgage meltdown last summer marked a fundamental shift in prevailing investment attitudes, a shift that still remains today. With tightening credit and disappearing lenders, the seniors housing and care acquisition market went into pause mode after a very strong three-year rally. Now, a year later, it seems as if nothing has changed, with a soft market continuing to keep prices and deal activity at the lowest level in four years. Or has it? Are buyers and sellers tired of waiting, and will the deal logjam finally break in the second half of the year? Is it possible that fourth quarter M&A activity will total more than the first three quarters of the year combined? We think the answer is yes, but tune in to see what the experts have to say on this crucial topic.

Here’s just some of what you’ll learn during this in-depth, 90-minute webcast:
 

When will the senior care acquisition market make a comeback?
What will kick-start the recovery?
What will the new market reality mean for pricing?
Is there pent-up demand from strategic buyers? From financial buyers?
Exclusive mid-year statistics on the senior care M&A market.
Plus, a chance to ask the experts your burning questions on senior care.

 

...and much more!

 

Panel of Experts:

Granger Cobb, Emeritus Senior Living
Granger Cobb, President and Co-Chief Executive Officer of Emeritus Senior Living, has 22 years of senior management experience in the senior residential, assisted living, and skilled nursing industries. Prior to joining Emeritus in 2007, he served as President, Chief Executive Officer, and a director of Summerville, since 2000. Mr. Cobb joined Summerville in 1998 with its acquisition of Cobbco, Inc., a California-based assisted living company, Read More
President and Co-Chief Executive Officer of Emeritus Senior Living
Paul Diaz, President and Chief Executive Officer for Kindred Healthcare
Paul Diaz, President and Chief Executive Officer of Kindred Healthcare, Inc., joined the firm in January 2002 as President and COO. Kindred is one of the largest providers of health care services in the nation, with revenues in excess of $4 billion. Prior to joining Kindred, Mr. Diaz was the managing member of Falcon Capital Partners, LLC, a private investment and consulting firm. Earlier in his career, Mr. Diaz served in various executive Read More
President and Chief Executive Officer of Kindred Healthcare, Inc.
Curt Schaller, Senior Managing Director at GE Healthcare Financial
Curt Schaller is Senior Managing Director at GE Healthcare Financial. Previously, he was Director for the Healthcare Finance group at Merrill Lynch Capital, is responsible for managing the group’s healthcare real estate originations team. Prior to joining Merrill Lynch Capital, Mr. Schaller held several positions focused on healthcare real estate. Most recently, he was a Senior Vice President with GE Healthcare Financial Services, where he Read More
Senior Managing Director at GE Healthcare Financial
Arnold Whitman, Co-Founder and Chairman of Formation Capital LLC
Mr. Whitman is Co-Founder and Chairman of Formation Capital. He is responsible for establishing, implementing and overseeing the company's strategic direction. Mr. Whitman has over twenty-five years' experience in the seniors housing and healthcare industry. In 1999, Mr. Whitman created Formation Capital as an advisory and equity investment firm for seniors housing and healthcare. Since founding the company, Mr. Whitman has overseen the Read More
Co-Founder and Chairman, Formation Capital LLC
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