Bringing You Senior Care M&A Deals and News
January 9, 2013 Issue:
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Recent Senior Care M&A Deals
Expert Opinion: A Conversation with Adam Heavenrich
Webcast Calendar
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Record 4th Quarter Deal Volume. Happy New Year everyone, and let’s hope the acquisition market is as strong in 2013 as it was in 2012. We ended the year with a bang, with one of the most active quarters in recent memory, fueled by a December with more than two dozen deals, many of which closed on the last day of lower capital gains tax rates…no coincidence there. We recorded 60 announced acquisitions in the fourth quarter, up 33% from 2011’s fourth quarter, bringing the year’s total to 189 seniors housing and care deals….. Read More
NEW – The Senior Care Acquisition Report, 18th Edition – Preorder Today!
Deals have been made. The 2013 Senior Care Acquisition Report contains private deals in this market that are frequently too small to it make into the financial press. Take advantage of our limited 2-for-1 offer – Preorder The 2013 Senior Care Acquisition Report by March 31st and receive The 2012 Senior Care Acquisition Report FREE ($595 value)! Now that’s a recession resistant deal. Go to http://www.levinassociates.com/scardescription or call 800-248-1668 to preorder today!
Recent Senior Care M&A Deals
LONG-TERM CARE
Acquirer
Target
Price
National Health Investors, Inc.
Wisconsin ALF
$20.2 million
National HealthCare Corp.
Six Skilled Health Care Centers from NHI
$21 million
Holiday Retirement
One ALF in TX
N/A
Cornerstone Core Properties REIT, Inc.
One SNF in Oregon
$8.2 million
Regional Owner/Operator
2 Hearthstone Manor Locations
$18.575 million
Regional Owner/Operator
Briarwood Healthcare & Rehab Center
$12.55 million
Meridian Senior Living
The Glendale
$4.85 million
Vanguard Healthcare Services, LLC
Whitehall of Boca Raton
$25 million
Chicago-based Investor
Champaign Urbana Regional Rehab Center
$11.5 million
Illinois-based Owner-Operator
Six IL Skilled Nursing Facilities
$48.5 million
Upcoming Interactive Webcast:
Acute Care and Post-Acute Care Integration: What Does It Mean For You?
Thursday, February 7, 2013, 1:00 pm ET
Effective January 3, 2013, the Affordable Care Act requires doctors, hospitals and other health care providers — including long-term care facilities — to coordinate care provided to Medicare patients through Accountable Care Organizations (ACOs). In return, incentives reward ACOs based on lowering the cost of providing health care services and meeting benchmark levels for quality care. Our panel of experts includes: Jim Moore (Moderator), President, Moore Diversified Services; Daniel Gray, President, Continuum Development Services; Kimber Latsha, Managing Partner, Latsha Davis & McKenna; Rebecca Neth Townsend, Senior Vice President, Ziegler; and William Pomeranz, Managing Director, Cain Brothers.
Go to http://www.levinassociates.com/conferences/1302-online-conference or call 800-248-1668 to register.
Expert Opinion: A Conversation with Adam Heavenrich
In this “Expert Opinion” interview, Adam Heavenrich, Managing Director, Heavenrich & Company, Inc., discusses funding new construction, investment brokerage, REITS, financial consulting, and more…. Read More
Webcast Calendar… Click here to see more
